Former Reserve Bank economist Justin Wolfers warns Australia must examine the influence of money in politics, citing Donald Trump's alleged "selling of the presidency" and profits from his position. Wolfers also discussed immigration's role in innovation and AI's impact on productivity.
Reserve Bank chief economist Sarah Hunter stated that global supply shocks are becoming more frequent, prompting the RBA to invest in new economic models and research to adapt to this "new reality" and manage policy trade-offs more often.
A argentina Silvana Tenreyro foi anunciada como a nova economista-chefe do FMI. Ela assume o cargo em 10 de agosto, substituindo Pierre-Olivier Gourinchas, e traz vasta experiência acadêmica e em políticas públicas.
A Dallas Fed report indicates unauthorized immigration between 2021-2024 led to a 2.2% rise in home prices and 1.4% rent increase in US metro areas. The study, cited by Trump, suggests this surge contributed significantly to housing demand shocks.
RBI's updated NBFC rules, effective July 1, 2026, have tightened definitions of public funds and overseas investments, preventing Tata Sons from exiting regulatory oversight and avoiding a mandatory public listing. The holding company's strategy to deregister as a core investment company is now invalidated.
Rex Patrick unites Jacqui Lambie, Pauline Hanson, and David Pocock against Aukus secrecy. Fears grow over datacentres stoking inflation and a heavier mortgage burden. Plus, "crypto corruption" allegations against Trump and World Cup updates.
Rex Patrick unites unlikely allies for Aukus transparency. Fears grow over datacentres stoking inflation and a heavier mortgage burden. News also covers Trump's crypto dealings, "Murdoched" phenomenon, and World Cup updates.
Australia's booming datacentre sector faces scrutiny from Transport for NSW and the Reserve Bank over its impact on industrial land availability for logistics, housing development, and inflation. Calls for a national pause are growing amidst concerns about rising costs, emissions, and strain on infrastructure.
The Indian rupee hit a record low of 96.96 against the US dollar on May 20, prompting sustained intervention by the Reserve Bank of India (RBI), which widened its net short forward position to $106.6 billion. The currency has since recovered, aided by anticipated foreign capital inflows.
The 7-month search for the Atlanta Fed president is crucial as new Chairman Kevin Warsh reshapes the Fed, with Michael Faulkender, a former Trump Treasury official, considered but his status unclear.
Reserve Bank official Brad Jones warns Australia's financial industry to prepare for a future of increased geopolitical shocks, cyber attacks, and financial sanctions. He emphasizes the need for enhanced crisis planning and a more holistic approach to risk management.
The Reserve Bank of Australia held its cash rate at 4.35%, ending a streak of hikes. Governor Michele Bullock warned that further increases are possible if inflation doesn't fall to the 2-3% target, despite a potential Middle East ceasefire easing oil prices.
The Reserve Bank of Australia maintained its official interest rate at 4.35% due to a slowing economy and rising unemployment. This decision offers little relief to mortgage holders facing increased costs from previous rate hikes. Higher fuel prices are contributing to inflation.
The Reserve Bank of Australia kept its official interest rate at 4.35% but warned of further hikes if inflation persists. Governor Michele Bullock stated that price rises are still too fast, indicating a potential increase if necessary. The RBA is not alarmed by a rise in unemployment to 4.5%, viewing the job market as still tight.
The Reserve Bank of Australia (RBA) has kept its official interest rate at 4.35% but warned of further hikes if inflation persists. Governor Michele Bullock indicated a rate rise is possible due to ongoing price pressures, despite a slight increase in unemployment. The decision offers little immediate relief to mortgage holders.
The Reserve Bank of Australia maintained its cash rate at 4.35% on Tuesday, citing persistent inflation. The RBA indicated a willingness to raise rates further if necessary to ensure price stability and full employment, while also noting the early stage of global oil supply resolutions.
The Reserve Bank of Australia maintained its cash rate at 4.35% on Tuesday, signaling readiness to hike rates if necessary to control inflation and ensure full employment. The decision aligns with economist forecasts amid ongoing efforts to curb rising prices.
The Reserve Bank of Australia has decided to keep interest rates unchanged at 4.35%. This decision follows recent data indicating a loss of economic momentum and a rise in unemployment. However, with inflation still a concern, the RBA will monitor economic performance before making further adjustments.
The Reserve Bank of Australia unanimously decided to keep interest rates at 4.35%. Despite slowing economic momentum and rising unemployment, underlying inflation remains too high. The RBA will monitor economic performance and global factors, including the Middle East conflict's impact on oil prices and trade.
The Reserve Bank of Australia maintained its official interest rate at 4.35% due to slowing economic activity and a four-year high in unemployment. This decision offers little immediate relief to mortgage holders facing increased repayments from previous hikes.
The Reserve Bank of Australia (RBA) has gained significant breathing room for interest rate decisions due to moderating inflation and a cooling economy. A key factor is the de-escalation of the Iran conflict, leading to a drop in oil prices, which eases global inflationary pressures and reduces the need for further rate hikes.
The Reserve Bank of Australia (RBA) has gained crucial breathing room as falling oil prices, following a tentative truce in the Iran conflict, ease inflationary pressures. This allows the RBA to potentially hold interest rates steady, with economists shifting from advocating hikes to suggesting holds or even future cuts.
The Reserve Bank of Australia (RBA) board has gained significant breathing room as benchmark oil prices dropped to $US84 a barrel following a truce between Donald Trump and Iran. This development eases inflation concerns and reduces pressure for further interest rate hikes, with economists now anticipating rates to remain on hold this year.
The Indian rupee strengthened against the US dollar for the second consecutive session, driven by a significant drop in crude oil prices and supportive measures from the Reserve Bank of India. The currency closed at 94.71, reaching a five-week high.
