Sky News Business Reporter Edward Boyd warns inflation is coming down but not “quickly enough” to establish a rate cut. My Boyd’s evaluation follows the latest rate cut forecast being May 2025. “It is ...
Commonwealth Bank chief executive Matt Comyn said Australia’s economy is being weighed down by elevated interest rates and sticky inflation.
Wages growth in Australia slows to 3.5 per cent over the past year, according to official data, still outpacing inflation to ...
(Bloomberg) -- Australia’s wage growth slowed in the third quarter, reflecting an easing in price pressures across the ...
Among central banks, monetary policymakers in Zambia are expected to leave their rate unchanged at 13.5% to support the ...
Australia's central bank held interest rates steady on Tuesday, as expected, and cautioned policy would need to stay ...
And before the nit-pickers pipe up with their clipboards and tell us that “technically, the US election is tomorrow in ...
In Australia, a common measure of inflation is the consumer price index ... People adjust their financial habits, which in aggregate, can slow down economic growth throughout the economy ...
Though it has since ebbed to 2.4% in September and the labor market has remained solid amid the Federal Reserve hiking interest rates to slow the pace of inflation, prices are still about 20% ...
The result suggests that household purchasing power is being buttressed by steady wage growth, slowing inflation and recent government tax cuts and energy rebates.
He has tipped rates won’t begin coming down until the second quarter ... Economics partner Stephen Smith said Australia’s slowing economy, and inflation being driven by “supply-side issues ...