With the release of the latest inflation data from the ABS came relief that a rate rise at the August RBA meeting was now largely off the table. The RBA’s May forecasts in their latest Statement on ...
I’ve often noted that the market likes to test a new Fed chairman with some hawkish expectations. Today, Kevin Warsh failed, delivering for Trump instead. The Committee decided to maintain the target ...
Houthis hit another Saudi oil tanker, making it three in as many days. Demands toll for Bab al-Mandab. Saudi bombed Iranian militia in Iraq. Iran attacked US forces in Jordan (first time it has struck ...
Goldman is getting dovish after yesterday’s softer-than-expected CPI. It notes that the quarterly trimmed mean, the RBA’s preferred indicator of underlying inflation, increased by 0.81% quarter over ...
For years, I watched in despair as my fellow Victorians displayed acute Stockholm Syndrome regarding the state Labor government. It seemed that no matter what the state Labor government did or how ...