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| | | The US Federal Reserve has raised its policy interest rate by 75 basis points, flagging ongoing increases will be necessary to bring inflation down to target. Following the central bank's decision, the federal funds rate benchmark sits between 3.75% ... |
| | | | At the Reserve Bank of Australia (RBA) board dinner, governor Phillip Lowe expressed that interest rates will need to go higher to bring inflation back to target. After a seventh straight rate rise, whereby the bank lifted the interest rate to 2.85% ... |
| | | | All eyes are on the Fed as it's set for another fourth straight 75bp hike, and central banks are taking a "whatever it takes" approach to pushing inflation back down to their targets, according to the BlackRock Investment Institute (BII). The European ... |
| | | | After surging 28.6% between the pandemic low in September 2020 to a high in April, national property prices have fallen 6%, said AMP chief economist Shane Oliver. "The key drivers of the downturn remain: poor affordability, rising mortgage rates, some ... |
| | | | According to UNSW Business School associate professor Konark Saxena, the probability of a US recession is about 75%, possibly impacting several macroeconomic indicators. To bring down inflation, the US Federal Reserve must increase interest rates until ... |
| | | | Reserve Bank of Australia (RBA) commentary sometimes infers that Australia's inflation circumstances are different or less challenging than elsewhere in the developed country complex, but GSFM investment strategist Stephen Miller believes that any "difference" ... |
| | | | ... out of 42 around the globe. Principal Financial Group's Global Financial Inclusion Index, conducted by the Centre for Economics and Business Research, is built around three pillars - government, financial system, and employer support. The data revealed ... |
| | | | Federal Treasurer Jim Chalmers has promised to improve early education and childcare affordability for more than 1.2 million eligible Australian families. Labor's "game-changing" investment for families will increase the paid hours worked by women ... |
| | | | The government has blamed its predecessor for inheriting a budget burdened by $1 trillion in gross debt and deficits projected for at least the next decade. Consequently, new fiscal policies have largely been offset for this year and the next. "We face ... |
| | | | In an interview with Financial Standard, independent economist Chris Richardson said the Treasurer has two big and difficult problems on his hands, the first being gas prices and the other the National Disability Insurance Scheme. In delivering the ... |
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