Are High Commodity Prices Becoming a Problem for the Fed?
Commodity prices have reached their highest level in a year, posing a challenge for the Fed's efforts to combat inflation.
Source: oilprice.com
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RBA holds cash rate at 4.1%
The Reserve Bank of Australia (RBA) has decided to leave interest rates unchanged at 4.1%, however, it flagged that inflation remains too high.
Source: financialstandard.com.au
Latest CPI data provides case for rate pause
Inflation in Australia has slowed to its lowest level in a year and a half, encouraging thoughts that the Reserve Bank of Australia (RBA) tightening cycle has peaked.
Source: financialstandard.com.au
Bullock appointment signals 'structure and continuity' at RBA
Although on the fence about the replacement of governor Philip Lowe, economists have welcomed his successor, deputy Michele Bullock, as a sign of structure and continuity at the central bank.
Source: moneymanagement.com.au
CBA defies market expectations, predicts 25-bp rate hike
The Commonwealth Bank is alone in predicting a 25bp hike in October. Economists at the Commonwealth Bank have maintained their forecast that the Reserve Bank will lift interest rates by 25 basis po
Source: investordaily.com.au