Australia needs two rate hikes to bring down inflation, Westpac’s Matthew Hassan warns after consumer sentiment falls
The Reserve Bank of Australia needs to hike the cash rate two more times to bring inflation down…
Boxing Day sales set to be biggest on record as interest rate relief drives retail rebound
Australians are expected to spend a record $1.6 billion on Boxing Day, supported by higher demand from population…
K-shaped economy math shows why Trump’s base feels betrayed
Days before President Donald Trump was sworn in for his second term, he acknowledged the high prices Americans…
Economist who popularized ‘K-shaped economy’ says this one wealth gap indicator is being overlooked
Peter Atwater, adjunct professor of economics at William & Mary and president of Financial Insyghts, knows a thing…
Black Friday sales set to be biggest on record with shoppers spending billions on deals
It is shaping up to be the biggest retail event of the year, with shoppers already hunting for…
‘No interest rate cuts’: Aussies delivered warning after Westpac report shows consumer sentiment surged in November
A fresh report has shown Aussie shoppers are feeling more optimistic, although this could spell trouble for those…
Economic Pessimism Hits Near Historic Levels
Topline Views on the U.S. economy fell to a three-year low among Americans this month as consumers expressed…
Economic Pessimism Rises Among Americans
Topline Americans are expressing lowered opinions about the U.S. economy as worries persist about a declining job market…
Consumers Haven’t Felt This Bad About the Economy Since 2022
David Paul Morris / Bloomberg via Getty Images Consumer sentiment in October declined for the third straight month…
Americans aren’t worried about the government shutdown. But they remain unnerved about the cost of living and weak hiring
Persistent worries about the higher cost of living and few job opportunities pushed consumer sentiment down to its…
Consumer Sentiment Is At Historic Low
Shoppers in line to check out getty The “new high” media reports, the Fed’s lower interest rate, and…
Can easing of property curbs in 3 big cities help give Chinese consumption a boost?
With China’s three most economically important cities recently rolling out policies to address renewed weakness in the property…