This latest increase in RBA interest rates might well be the last, for some time
Dec 08, 2022 10:59 am UTC| Central Banks Economy
You might not know it from reading Tuesdays statement announcing Australias eighth consecutive increase in interest rates, but our Reserve Bank might finally have done enough. The statement says inflation is still too...
The Bank of Canada just hiked interest rates for the sixth time — is it too late?
Oct 31, 2022 08:50 am UTC| Economy Central Banks
Following closely on the heels of the European Central Bank and the U.S. Federal Reserve Board, the Bank of Canada has raised its target interest rate by 50 basis points. This is its sixth interest rate hike this...
Why does the RBA keep hiking interest rates? It's scared it can't contain inflation
Aug 03, 2022 00:55 am UTC| Economy Central Banks
There are signs inflation pressures are easing. Oil prices are down almost 20% on their peak in March. Theyve been falling consistently for a month. The average capital city unleaded price is down from A$2.11 per litre...
June jobs report suggests Fed could avoid a recession – but room for error is minuscule
Jul 11, 2022 05:50 am UTC| Economy
The U.S. economy added more jobs than expected in June, signaling the labor market remains strong even as the Federal Reserve tries to weaken it to tame inflation. The July 8, 2022, jobs report also showed the unemployment...
Rates rise to 1.35% – and there's no stopping now the RBA's on a mission to whip inflation
Jul 07, 2022 16:12 pm UTC| Economy Central Banks
There was no suprise in the board of the Reserve Bank of Australia lifting interest rates at its July meeting. The only question was by how much. Would it be a regular increase of 25 basis points? Or a double-whammy of...
The latest Bank of England rate rise won't do much to tackle inflation - here's what could work
Jun 21, 2022 22:54 pm UTC| Economy Central Banks
There wasnt much dramatic tension as markets waited for the Bank of Englands latest decision on interest rates. The fifth monthly quarter-point hike in a row was largely expected, taking the base rate to 1.25% in June...
5 things to know about the Fed's interest rate increase and how it will affect you
Jun 15, 2022 07:37 am UTC| Economy Central Banks
The Federal Reserve is raising interest rates for the third time this year, on June 15, 2022, as it seeks to counter inflation running at the fastest pace in over 40 years. The big question is how much it will lift rates....
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