Interest rate hike ‘no slam dunk’ amid Iran uncertainty
The last time the US embarked on a Middle East military intervention, then-Secretary of Defense Donald Rumsfeld ruminated…
Dire petrol price prediction for Aussie drivers as Commonwealth Bank warns of economic ‘consequences’
The conflict could put pressure on Aussie households and the RBA to raise rates sooner. (Source: Getty) Renewed…
CBA boss defends savings rates as customers hit with higher interest on home loans
Footer Your home of Australian stories, conversations and events that shape our nation. Contact ABC News This service…
Interest rate hikes increasingly likely in 2026 but a major event would produce the opposite result
An interest rate hike on Tuesday is a practical impossibility. But if a growing number of forecasters are…
Layoff Tsunami 2025: Over 1.2 Million Workers Face Job Cut Worldwide – Times Now
Layoff Tsunami 2025: Over 1.2 Million Workers Face Job Cut Worldwide Times NowHighest Layoffs Since the Pandemic: Frank Luntz…
RBA’s Hauser Says Economy’s Capacity Limits Challenge Policy
Australia’s monetary policy is being challenged by an apparent lack of spare capacity in the economy, Reserve Bank…
US Consumers See Worse Job Market, Muted Inflation in Fed Survey
Americans’ perceptions of the job market worsened in October while their expectations for inflation edged lower, according to…
US Consumer Sentiment Declines to Near Lowest on Record
US consumer sentiment tumbled to near the lowest on record as the government shutdown weighed on the economic…
Fed’s Schmid Cites Inflation Risks in Dissent Against Rate Cut
Federal Reserve Bank of Kansas City President Jeff Schmid said he voted against the US central bank’s decision…
Ex-RBA Chief Lowe Urges Policy Pause to Assess High Labor Costs
Philip Lowe in 2023. (Bloomberg) — Former Australian central bank Governor Philip Lowe said a clouded outlook for…
Australia Inflation Spike Boosts Case for Extended RBA Pause
Australia’s core inflation accelerated beyond expectations last quarter, complicating the Reserve Bank’s path to further policy easing and…
Australia Jobs Still Tight, Inflation Sticky, RBA Chief Says
Australia’s labor market is still tight while inflation is proving sticky, Reserve Bank Governor Michele Bullock said, signaling…