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Search results for: "Interest Rates". 4 articles found.

Australia news live: Trump lashes out at Australia over absence of allies against Iran; Cyclone Narelle forms in Coral Sea

The Guardian - 8 hours 41 min ago
US president says his country does not need or desire' the help of Nato, Japan, Australia or South Korea. Follow today's news live Get our breaking news email , free app or daily news podcast Donald Trump has listed Australia among the allies he appears to be bitterly disappointed with, for not wanting to get involved with his war against Iran. In a social media post overnight the US president said his country "has been informed by most of our Nato allies' that they don't want...
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Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession

The Guardian - 14 hours 10 min ago
Borrowers face losing hundreds of dollars a month in higher repayments and rising pump rices will add to the pain, economists warn Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Surging interest rates and petrol prices have stripped more than $1bn a month from Australian household budgets as economists warn of recession risks. Consumers are preparing for rates to surpass their recent highs after the Reserve Bank delivered back-to-back...
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Fed officials huddle under pressure from Iran war, Trump's rage

The Hill - 18 hours 14 min ago
The Federal Reserve will hold its March policy meeting under intense political pressure from President Trump and the economic blowback of the war with Iran. After keeping borrowing costs steady in January, members of the Fed's rate-setting committee are set to meet Tuesday and Wednesday while facing a far more tumultuous economy and political climate....
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The RBA has made one of its most controversial calls in recent years - and this rate rise may not age well

The Guardian - 19 hours 32 min ago
Michele Bullock says high inflation hurts everyone, but there still seems to be an extraordinary level of complacency about potential fallout from the US-Israel war on Iran Get our breaking news email , free app or daily news podcast The Reserve Bank has made some controversial calls over recent years, but hiking interest rates in the middle of a historic global energy shock is right up there. If this Middle East conflict lasts for months, not weeks, and drags the world and our economy down, then...
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