Why central banks should stop raising interest rates
Sep 28, 2023 02:49 am UTC| Insights & Views Economy Central Banks
Mortgage borrowers breathed a sign of relief following a recent pause in the Bank of Englands 14-month campaign of base rate hikes. Led by the US Federal Reserve, many of the worlds major central banks, including the...
Sep 26, 2023 03:55 am UTC| Economy Central Banks
The Bank of England (BoE) has been strongly criticised for failing to predict the surge in inflation. Had it done so, it could have reacted more quickly and prevented inflation from rising as high as 11% in autumn...
The Federal Reserve held off hiking interest rates
Sep 23, 2023 03:19 am UTC| Economy Central Banks
Federal Reserve officials held interest rates steady at their monthly policy meeting on Sept. 20, 2023 only the second time they have done so since embarking on a rate-raising campaign a year and a half ago. But it is...
Jul 27, 2023 08:46 am UTC| Economy
Australias inflation rate has fallen for the second consecutive quarter. After reaching a 30-year high of 7.8% at the end of 2022, annual inflation as measured by the Bureau of Statistics quarterly Consumer Price Index...
Reserve Bank veteran Michele Bullock becomes first woman governor, replacing Philip Lowe
Jul 17, 2023 13:00 pm UTC| Economy
The government has appointed Michele Bullock the new governor of the Reserve Bank the first woman to occupy the post. Bullock, currently deputy governor, replaces Philip Lowe, who has weathered strong criticism,...
Jul 17, 2023 12:59 pm UTC| Central Banks Insights & Views
Australias next Reserve Bank governor, Michelle Bullock the first woman in the job will take office in September at a time when much of the banks work in fighting inflation will be done and its focus will be on changing...
The RBA has kept interest rates on hold. Here's why it'll be cautious from here on
Jul 04, 2023 07:39 am UTC| Economy Central Banks
The Reserve Bank decided to keep interest rates on hold at 4.1% because it thinks theres a chance just a chance it has lifted them all it needs to. In his statement released after Tuesdays board meeting, Governor...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well