Population growth,the war between Hamas and Israel,pressure in the rental market and even El Nino threaten to keep inflation higher for longer.
Minutes of the Reserve Bank’s most recent meeting show it is worried inflation won’t come down fast enough without more interest rate pain.
After her first meeting as Reserve Bank governor,Michele Bullock stuck to the script,knowing any departure could send jitters through the markets.
We should start the move away from monetary policy.
NAB chief executive Ross McEwan says interest rates have probably peaked and that Australia is set to avoid a recession even as the economy slows.
Australians are using savings built up during the COVID-19 pandemic to weather cost-of-living pressures even as house values continue to climb.
What the Bank of Japan does matters for all of us. So Friday’s surprise announcement by its governor sent a jolt through markets and left them wondering what is next.
In Jim Chalmers’ decision to accept an internal candidate as the Reserve Bank governor,we see what may become the ultimate judgment about the Albanese government.
Central banks around the world have long since separated governance from interest rates policy and the RBA remained stuck in the past,sealing the fate of current governor Philip Lowe.
Philip Lowe,giving his last speech before Treasurer Jim Chalmers recommends the next governor,unveiled some major changes to the bank.
Experts are split over whether the RBA will raise its interest rate on Tuesday or give home owners a reprieve after repeated increases.