Last mile in the fight against inflation could be a painful slog

Last mile in the fight against inflation could be a painful slog

Central banks made it clear at a forum in Portugal this week that they are prepared to raise interest rates again,and keep them there as long for as it takes.

  • byStephen Bartholomeusz

Latest

ASX sheds $60 billion in two days as central banks crank up rates

ASX sheds $60 billion in two days as central banks crank up rates

The Australian sharemarket fell for the third consecutive day on Friday after the Bank of England raised interest rates to a 15-year-high.

  • byMillie Muroi
Britain heading for ‘mortgage catastrophe’,UK MP warns

Britain heading for ‘mortgage catastrophe’,UK MP warns

Tory MP Lucy Allan said on her website that she did not believe high mortgages were a price worth paying to bring inflation down.

  • byDaniel Martin
UK central bank lifts interest rates to 4.25% despite banking turmoil

UK central bank lifts interest rates to 4.25% despite banking turmoil

Policymakers said they were expecting the pace of price rises to slow “significantly” in the coming months despite February’s surprise increase in inflation.

  • byRob Harris
Mood for change:Reserve Bank review panel speaks publicly for first time

Mood for change:Reserve Bank review panel speaks publicly for first time

The panel overseeing the RBA’s first independent review in 40 years may hand the government two sets of recommendations to overhaul the central bank.

  • byShane Wright
A wave of Chinese deflation threatens to come our way

A wave of Chinese deflation threatens to come our way

All circumstances are aligned for another long wave of cheap imports from China and East Asia.

  • byAmbrose Evans-Pritchard
Advertisement
‘Tough road ahead’:Britain already in recession that could last two years,warns Bank of England

‘Tough road ahead’:Britain already in recession that could last two years,warns Bank of England

The world’s leading economies continue to face steep challenges,with countries accounting for about one-third of global gross domestic product poised to contract this year or next.

  • byRob Harris
How high will interest rates go? We may be about to find out
Opinion
Inflation

How high will interest rates go? We may be about to find out

With the RBA and US Fed meeting this week,we are set to get an insight into just how high interest rates could go and when they may start to fall.

  • byStephen Bartholomeusz
The one key lesson from the UK government’s humiliation

The one key lesson from the UK government’s humiliation

The embarrassing backflip the Truss government has been forced into proves that in the battle between a central bank and politicians in today’s volatile environment,there will only be one winner.

  • byStephen Bartholomeusz
Joe Biden takes swipe at Truss policy as Bank of England warns of rate rises

Joe Biden takes swipe at Truss policy as Bank of England warns of rate rises

Prime Minister Liz Truss is battling to keep her job after shredding her economic growth plan.

  • byRob Harris
Flashpoints:Why markets are bracing for turbulence to close the week

Flashpoints:Why markets are bracing for turbulence to close the week

Two key events coming up could inject even more volatility and instability into the already volatile and unstable global markets.

  • byStephen Bartholomeusz