Fed’s Daly Says Need to Avoid Mistake of Holding Rates Too Long
Federal Reserve Bank of San Francisco President Mary Daly said the US economy is probably suffering a downturn…
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…
VIDEO: Bets are on for a Melbourne Cup rates hold, but is a hike on the horizon? – Australian Broadcasting Corporation
VIDEO: Bets are on for a Melbourne Cup rates hold, but is a hike on the horizon? Australian Broadcasting…
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 Treasurer Jim Chalmers Sounds Investor Alert as Global Risks Mount
Australian Treasurer Jim Chalmers said global investors are on edge and capital flows are “jumpy” as uncertainty builds…
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…
Wall Street sell-off could mean hip-pocket relief for millions of Australians
Australia’s big insurance companies were sold off heavily on the share market on Friday. Analysts readjusted their valuations…
RBA governor Michele Bullock says First Home Guarantee could lead to riskier loans
Central bank governor Michele Bullock was centre stage at Senate estimates on Friday, being quizzed on monetary policy…
Fed’s Williams Is Watching Job Market, Backs More Rate Cuts
Federal Reserve Bank of New York President John Williams backed additional interest-rate cuts this year and said he…