Why does the RBA keep hiking interest rates? It's scared it can't contain inflation
Aug 03, 2022 00:55 am UTC| Economy Central Banks
There are signs inflation pressures are easing. Oil prices are down almost 20% on their peak in March. Theyve been falling consistently for a month. The average capital city unleaded price is down from A$2.11 per litre...
June jobs report suggests Fed could avoid a recession – but room for error is minuscule
Jul 11, 2022 05:50 am UTC| Economy
The U.S. economy added more jobs than expected in June, signaling the labor market remains strong even as the Federal Reserve tries to weaken it to tame inflation. The July 8, 2022, jobs report also showed the unemployment...
Rates rise to 1.35% – and there's no stopping now the RBA's on a mission to whip inflation
Jul 07, 2022 16:12 pm UTC| Economy Central Banks
There was no suprise in the board of the Reserve Bank of Australia lifting interest rates at its July meeting. The only question was by how much. Would it be a regular increase of 25 basis points? Or a double-whammy of...
The latest Bank of England rate rise won't do much to tackle inflation - here's what could work
Jun 21, 2022 22:54 pm UTC| Economy Central Banks
There wasnt much dramatic tension as markets waited for the Bank of Englands latest decision on interest rates. The fifth monthly quarter-point hike in a row was largely expected, taking the base rate to 1.25% in June...
5 things to know about the Fed's interest rate increase and how it will affect you
Jun 15, 2022 07:37 am UTC| Economy Central Banks
The Federal Reserve is raising interest rates for the third time this year, on June 15, 2022, as it seeks to counter inflation running at the fastest pace in over 40 years. The big question is how much it will lift rates....
Game of Loans: the Reserve Bank of Australia loses its heir apparent to Fortescue's green fund
Mar 12, 2022 11:20 am UTC| Economy Central Banks
The Reserve Bank of Australia was roiled today by the resignation of its Deputy Governor Guy Debelle, who is leaving with only six days notice. Dr Debelle said that he was resigning to become chief financial officer of...
Feb 23, 2022 22:38 pm UTC| Economy Central Banks
The prospect of a Russian invasion of Ukraine have sent the markets into a tailspin, compounding fears around inflation that have been building over the past few months. The SP 500 is trading at 10% below its recent...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects