Can anything break politics out of its inflation doom loop? - ABC News & Headlines – Australian Broadcasting Corporation
Jim Chalmers has fronted 17 press conferences after rate hikes as Treasurer, with a familiar script. (ABC News: Ian Cutmore)
Macroeconomic trends, inflation rates, central bank policies, GDP, and labor markets.
Jim Chalmers has fronted 17 press conferences after rate hikes as Treasurer, with a familiar script. (ABC News: Ian Cutmore)
'No need to sack the governor' and other reasons for the RBA's inflation target ABC News & Headlines – Australian Broadcasting Corporation
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President Donald Trump declared that inflation is “solved” as Americans headed to the polls for the midterm elections on Tuesday, striking an optimistic tone on the economy despite widespread dissatisfaction over the cost of living.
It may not be an official recession, but the Reserve Bank knows it may feel like one for plenty of Australians after it delivered another dose of monetary policy punishment to the country.
'Like they don't care': RBA's fifth rate hike a huge blow to mortgage borrowers ABC News & Headlines – Australian Broadcasting Corporation
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The Bank of Canada is standing by its decision last week to hike interest rates for the first time in three years, even though it could mean many Canadians and businesses will pay more for some mortgages and other loans.
Small businesses hit cost tipping point as interest rates, surcharges add up The Australian
Jim Chalmers needs to stop channelling Jennifer Hawkins as interest rates hike to peaks not seen since 2008 The Australian
Almost five years after the Russian invasion of Ukraine scrambled Europe’s energy map, another war has delivered a second shock.
The Minister of Marine and Blue Economy, Adegboyega Oyetola.
Pakistan on Tuesday offered to share its experience in managing the global energy crisis with Bangladesh as Petroleum Minister Ali Pervaiz Malik and Bangladesh’s Adviser on Finance Rashid Al Mehmood Titumir discussed fuel supply challenges and the impact of disruptions on interna...
Chairman of the House of Representatives Committee on Housing and Habitat, Hon. Abdulmumini Jibrin, has advocated stronger legislation and a comprehensive regulatory framework to tackle the numerous challenges hindering the growth of Nigeria’s housing and real estate sector.
King Charles has told leaders at a Commonwealth summit that the legacy of the transatlantic slave trade "fills my heart with horror." He did not address calls for apologies and reparations.
Gold falls as higher oil stokes inflation fears ahead of US midterms CNBC
FILE PHOTO: A Peak Tram car ascends towards Victoria Peak with the Hong Kong skyline in the background in Hong Kong, China, August 13, 2026. REUTERS/Tyrone Siu/File Photo
This may seem like scant relief but another hefty price hike would have been in the offing were it not for the fuel levy reductions announced in last month’s mini-budget. That in turn has partly been diluted by an increase in the slate levy of over 48 cents per litre, bringing it...