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…
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…
Indian Investors Hedge With Metals and Watch RBI’s Rate Decision
Before the trading day starts we bring you a digest of the key news and events that are…
US Inflation Above Target, Fed’s Goolsbee Urges Careful Rate Reductions
Federal Reserve Bank of Chicago President Austan Goolsbee said the US central bank should be cautious toward additional…
Artificial intelligence to dominate Australia’s future economy, but who will reap the benefits?
Artificial intelligence is set to become an integral part of the Australian economy, with tens of billions in…
Fed’s Kashkari Sees Two More 2025 Cuts Given Hiring Slowdown
Federal Reserve Bank of Minneapolis President Neel Kashkari said he supported the US central bank’s decision to lower…
Australia Housing Dysfunction Mirrored in Central Bank’s Blowout Rebuild
(Bloomberg) — When Australia’s central bank resolved to refurbish its 1960s-era Sydney headquarters in 2018, it hardly expected…
Unemployment rate improves in July, falling to 4.2 per cent as full-time jobs surge
Australia’s unemployment rate improved in July, edging lower to 4.2 per cent from 4.3 per cent in June,…