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Economics

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
The International Monetary Fund has revised its 2025 inflation predictions and it's not good news for Australia.

Australian equities rise, but global markets preferred: Morningstar

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
Australian equities face headwinds and their performance over the past year has been "subdued" compared to major global indexes, according to Morningstar research.

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
Despite stronger-than-expected jobs data, the major bank is sticking to its prediction that a 2024 interest rate cut is still on the cards.

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
The European Central Bank (ECB) has lowered interest rates for the third time this year by 25 basis points to 3.25%.

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
The Australian economy added 64,000 jobs in September, stronger than market expectations. But despite this, the unemployment rate held steady.

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
The CBA Household Spending Index declined in September following a gain in August.

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
The US budget deficit is likely to soar no matter who wins the upcoming US election, a top economist has said.

Market has priced in 'too many' rate cuts

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
T. Rowe Price thinks the market has priced in too many interest rate cuts in the US and said the upcoming election is likely to cause some volatility.

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
The Reserve Bank of Australia has sent a clear message to those hoping for an interest rate cut in the near term.

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
The Labor government has delivered a second consecutive budget surplus, but the Productivity Commission has flagged a "productivity deadlock".