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Showing 131 - 140 of 617 results for "CPI +4.5 %"

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
The US Bureau of Labor Statistics has reported that inflation has surged 9.1% over the last year, shooting up a torrid 1.3% in June alone. While inflation has surged to its highest level in 41 years, US president Joe Biden said the CPI data doesn't ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
The investment manager believes the market's current interest rate expectations are too aggressive. In its latest review of the outlook for inflation and monetary policy, Franklin Templeton said it remains of the view that the Reserve Bank of Australia ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
ASFA's latest insights show the annual increase in the cost of living for some retirees is the largest seen in 12 years. According to ASFA's Retirement Standard figures for the March quarter, Australians aged around 65 living a comfortable retirement ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
In the first increase in more than a decade, the Reserve Bank of Australia has raised the cash rate target by 25 basis points to 0.35%. Announcing the decision this afternoon, RBA governor Philip Lowe said the board determined the time is right to begin ...

Investors sweat over inflation, interest rates: Survey

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
The latest data from Investment Trends shows yield expectations among equities investors are at a 15-month low and concerns over rising inflation and likely increases to interest rates are growing. A survey of active investors in March reveals greater ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
The Consumer Price Index (CPI) rose 2.1% in the March quarter and 5.1% annually - the greatest increases since the introduction of the Goods and Services Tax in 2000. The growth, revealed by the Australian Bureau of Statistics (ABS) yesterday, came ...

Pain of commodity price increases to last: World Bank

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
In its latest commodity markets outlook, the World Bank has warned prices will likely remain high through to the end of 2024 and the transition to cleaner energy may be delayed. It comes as latest Australian Bureau of Statistics data shows the largest ...

Easter Bunny feels the inflationary pinch

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
Funds management boutique Firetrail Investments has highlighted soaring cocoa commodity prices this Easter break via its chocolate index. Firetrail's global chocolate index has shown that select cocoa related commodities have risen 32% since the start ...

US, UK hike interest rates

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
The US Federal Reserve and the Bank of England have increased interest rates - with the US pulling the trigger on rates for the first time since 2018. Effective from March 17, the US Federal Reserve increased interest rates by 0.25% to 0.40%. The US ...