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Search results for: "interest rates". 2 articles found.

No recession but inflation hike and increased cost-of-living pressure on the way, Jim Chalmers says

The Guardian - 7 hours 13 min ago
Economists predict RBA will raise interest rates this week and in May days before treasurer unveils budget Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Households can expect significant additional cost-of-living pressures because of the war in the Middle East, with Jim Chalmers confirming that the government expects inflation to rise beyond 4.5% in Australia. But the treasurer said he did not expect the economy to fall into recession...
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A Federal Judge Just Called Out the DOJ for Politically Motivated Prosecutions

Mother Jones - 19 hours 51 min ago
Federal Judge James Boasberg quashed two grand jury subpoenas on Friday afternoon that are part of the Justice Department’s criminal investigation into Federal Reserve Chairman Jerome Powell, finding ample evidence that the subpoenas were intended to harass or coerce Powell into lowering interest rates, with no evidence pointing toward wrongdoing. “A mountain of evidence suggests […]...
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