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Westpac CEO says he is positive on Australia's housing market | WSAU News/Talk 550 AM · 99.9 FM

SYDNEY (Reuters) - Australia faces housing affordability problems for first-time homeowners but the country's property market is fundamentally in good shape, the CEO of third-biggest lender Westpac Banking Corp said on Tuesday. "I'm positive on the...
New South Wales Peter King Christopher Cushing Byron Kaye Stella Qiu Westpac Banking Corp
Source: wsau.com

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Morning Bid: No holiday for US core inflation

It's been a slow start to what will be a holiday-shortened week for many centres, though that won't stop the U.S. from releasing the Federal Reserve's favoured inflation measure on Friday even as markets there are shut. Anything higher would be taken as a setback to hopes for a Fed rate cut in June, which was put back on the menu last week when Fed chair Jerome Powell sounded relaxed on the inflation outlook. Powell will participate in a moderated discussion at a policy conferen...
United States United Kingdom Christopher Waller Wayne Cole Christine Lagarde Jerome Powell
Source: yahoo.com

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