Inflation, too, is a pressing concern for ... For younger voters like Meenakshi Sharma, 28, a resident of Kamla Nagar, representation matters, along with education, health policies and women ...
Higher inflation feeds into higher inflation expectations, which kick off the inflation cycle. Friedman’s prophesy was proven right as the world economy suffered from both high inflation and ...
The Federal Reserve held interest rates steady Wednesday as it seeks to curb stubborn inflation. Fed policymakers have hinted that they'll be cautious about additional rate cuts, so long as the job ...
Three very important additional considerations are the ongoing tight labour market; the low and falling value of the Australian dollar; and the ongoing high rate of services inflation as opposed ...
The Australian Bureau of Statistics reported on Wednesday that the RBA’s preferred inflation measure, trimmed mean, dropped to 3.2 per cent in the year to December compared to 3.5 per cent in ...
Between tech busts, a financial crisis and a pandemic, not to mention periods of too little inflation and too much, the nation’s central bank has used short-term interest rates, along with other ...
The chances of a pre-election rate cut increased sharply on the release of softer-than-expected inflation data ... and marking the fastest tightening cycle in a generation. Treasurer Jim Chalmers ...
Financial markets and most economists believe the Reserve Bank will use its February 17-18 meeting to cut official interest rates by a quarter percentage point after inflation dropped to 2.4 per cent.
Core inflation has fallen to 3.2 per cent annually, opening the door for the Reserve Bank of Australia to cut interest rates at its next meeting. The trimmed mean – the central bank’s preferre ...
John Hawkins was formerly a senior economist at the Reserve Bank and Treasury. Australia’s headline inflation rate dropped to a three-year low of 2.4% in the December quarter, according to the ...
Headline inflation rose 0.2 per cent in the December quarter, ABS figures show, while annual inflation slowed to 2.4 per cent. Underlying inflation also cooled more than most economists had forecast.
There's no doubting it: this is a good inflation number, and that's good news for the federal government. Inflation on the Reserve Bank's preferred measure is now very close to its target range ...