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Mortgage holders warned to brace for interest rate rise: 'RBA strategy not working'

Judo Bank chief economic adviser Warren Hogan predicts it's going to get worse before it gets better.

New-zealand , Australia , United-kingdom , United-states , Australian , Michael-malakellis , Sally-tindall , Commonwealth-bank , Westpac , Australian-bureau-of-statistics , Australian-bureau , Reserve-bank-of-australia

Jobseekers get about $345 less than pensioners each fortnight. This gap is hurting, and is set to widen without change

Unemployment and related payments for working-age people were given a welcome boost in last year’s budget. But they remain well below pensions, and far from adequate.

Paul-keating , Jim-chalmers , Services-amanda-rishworth , Morrison , Economic-inclusion-advisory-committee , Treasurer-jim-chalmers , Social-services-amanda-rishworth , Boosting-jobseeker , Coronavirus-supplement , Intergenerational-reports , Aged-pension , Ustralian-government

Fed's preferred inflation gauge shows price pressures stayed elevated last month

A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden's re-election bid. Friday's report from the government showed that prices rose 0.3% from February to March, the same as in the previous month. It was the third straight month that the index has run at a pace faster than is consistent with the Fed's 2% inflation target.

United-states , Washington , White-house , District-of-columbia , Americans , American , Joe-biden , Jerome-powell , Federal-reserve , President-joe-biden , Chair-jerome-powell , Inflation-index

Best CD rates today: Step up your savings with today's top yields on terms of 12+ months — April 25, 2024

Lock in today's best rates in decades on certificates of deposits on a range of CD terms — from 6 months to 5 years.

Seema-shah , Lending-club-or-sofi , Us-bureau-of-labor , Deposit-insurance-corporation , Capital-one , National-credit-union-administration , Forbright-bank , Barclays , Federal-reserve , Federal-deposit-insurance-corporation , Consumer-price-index , Principal-asset-management

Extreme weather, prolonged geopolitical tensions pose risks to inflation in near-term: RBI article

Food inflation, despite some signs of moderation, remains elevated and a potential source of risk to the disinflation trajectory, the ‘State of the Economy’ article published in the RBI’s March bulletin said.

Australia , India , El-nino , Michael-patra , Indian-meteorological-department , Asian-development-bank , Atmosphere-administration , Us-national-oceanic , World-meteorological-organization , Australia-bureau-of-meteorology , Governor-michael-patra , Global-climate

Meaty economic indicator? China's distressed pig farmers eye turnaround

Chinese farmers are keeping the fewest pigs for breeding since 2020, raising hopes of sustained profitability after years of losses. But the turnaround may not speak to the broader economy, analysts say.

China , Chinese , Zhu-zengyong , Chinese-academy-of-agricultural-sciences , Chinese-academy , Beijing , Hina , Hinese-academy-of-agricultural-sciences , Ofco-futures , Ommodities-markets , Onsumer-price-index , Conomic-growth

India unemployment -- The biggest worry in world's fastest growing economy: Poll

Rural consumption, inflation and poverty are the other challenges

India , Bengaluru , Karnataka , Societe-generale , Kunal-kundu , Bharatiya-janata-party , Periodic-labour-force , Reuters , Centre-for-monitoring-indian-economy , International-monetary-fund , Janata-party , Labour-force-survey

Stocks set a new record as energy-related companies remain attractive

KSE-100 overcomes 72,000 hurdle by gaining over 1pc

Pakistan , Islamabad , Karachi , Sindh , Pakistan-stock-exchange , International-monetary-fund , Web-desk , Finance-minister-muhammad-aurangzeb , Kse-100-index , Akistan-stock-exchange , Mf

Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in Tokyo

Asian shares have tracked Wall Street’s rally, led by a 2.4% advance for Tokyo’s benchmark Nikkei 225 index powered by strong gains for semiconductor makers. Japan’s benchmark Nikkei 225 gained more than 900 points to close at 38,460.08, its highest level in a month. Shares in computer chip company Renesas Electronics Corp. jumped 10.5%, while rival Tokyo Electronic surged 7.1%.

Shanghai , China , Japan , Tokyo , Hong-kong , Australia , South-korea , Chinese , Japanese , Anderson-alves , Renesas-electronics-corp , New-york-mercantile-exchange

Best CD rates today: Don't wait on high APYs of up to 5.40% across CD terms of 9+ months — April 24, 2024

Lock in today's best rates in decades on certificates of deposits on a range of CD terms — from 6 months to 5 years.

Seema-shah , Federal-reserve , Deposit-insurance-corporation , Capital-one , Us-bureau-of-labor , National-credit-union-administration , Lending-club-or-sofi , Lending-club , Federal-deposit-insurance-corporation , Consumer-price-index , Principal-asset-management , Producer-price-index