Three months into the job and Fed Chair Kevin Warsh is still facing questions over his credibility. In particular, the bond market still has questions. Meanwhile, in Australia, the RBA governor stated that the RBA was willing to raise rates for the four ...
Learn moreThree months into the job and Fed Chair Kevin Warsh is still facing questions over his credibility. In particular, the bond market still has questi ...
Learn moreThree months into the job and Fed Chair Kevin Warsh is still facing questions over his credibility. In particular, the bond market still has questi ...
Learn moreThe Board kept interest rates at 4.35%. It was unanimous. Inflation may have peaked, but the RBA still sees tail risks for inflation on the upside. So what do you do when you don’t need or want to raise rates but you want consumers to think yo ...
Learn moreWarsh wants the market to lead and the yield of US 30-year government bonds is sending him a message. Similarly, the yen may be sending a message to the Japanese PM. Meanwhile, Australia was steady as it goes, with inflation moving down, household spend ...
Learn moreWe are now into the second month of the Iran War, and much like a tropical storm; it is unclear how long it will rage for and how much damage it will do. But the longer it goes on, the worse it will be for the global economy. ...
Learn moreAI bubble concerns morphed into the 'SaaSpocalypse' as AI agents threaten to eat all software and replace all jobs. Perhaps the governor of the RBA may feel a little nervous as the RBA wrestles with still-rising inflation. Elsewhere, Takaichi re ...
Learn moreThe RBA kept interest rates unchanged at 3.6%. It was a unanimous decision. And so it came to pass that the last two higher than expected monthly inflation indicators begot a higher than expected September-quarter inflation result. And the RBA gover ...
Learn moreThe RBA kept interest rates unchanged at 3.6%. It was a unanimous decision. The RBA gets nervous when data comes in higher or lower than their forecasts. Since the last Monetary Policy Board meeting on 11-12 August, June-quarter GDP, the July monthl ...
Learn moreAs expected, the RBA cut the cash rate by 25 bps to 3.6% at its August meeting. Even your Uber driver could have predicted the outcome given recent data! However, rather than focussing on the interest rate cut they all so desperately wanted last mee ...
Learn moreDespite the market having the probability of a 25 bps cut at 97%, the RBA decided to keep the rate on hold at 3.85%. The decision was 6 in favour and 3 against. Both headline inflation and the RBA’s preferred measure trimmed-mean inflation are ...
Learn moreTwo weeks after his election win, Prime Minister Anthony Albanese arrived in Rome in triumph. While Australian prime ministers are not ordained by God, he may have offered his thanks at the first mass of the new pope. Three months ago, many expected ...
Learn moreThe RBA left the official cash rate unchanged at 4.1% This meeting marked the first meeting of the RBA’s new Monetary Policy Board (MPB). In line with previously announced changes, the RBA has now split the RBA Board into the MPB and the G ...
Learn more