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Reserve Bank lifts interest rates to 10-year high: The bank has delivered a pre-Christmas rate rise, taking the official cash rate to 3.1 per cent ...
theage.com.au/politics/federal/reserve-bank-lifts-interest-rates-to-10-year-high-20221206-p5c3yg.html
Reserve Bank lifts interest rates to 10-year high
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#BREAKING : The Reserve Bank has lifted interest rates for the EIGHTH consecutive month, increasing the cash rate by another 25 basis points to 3.1 per cent ... Show more

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Summer is uneasy as Lowe waits to see if eight rate rises is enough: The bank knows it is getting closer to that point where higher interest rates will do real ...
theage.com.au/politics/federal/summer-is-uneasy-as-lowe-waits-to-see-if-eight-rate-rises-is-enough-20221206-p5c3yo.html
Summer is uneasy as Lowe waits to see if eight rate rises is enough
More news on this subject
Profile picture of The Age
Reserve Bank lifts interest rates to 10-year high: The bank has delivered a pre-Christmas rate rise, taking the official cash rate to 3.1 per cent ...
theage.com.au/politics/federal/reserve-bank-lifts-interest-rates-to-10-year-high-20221206-p5c3yg.html
Reserve Bank lifts interest rates to 10-year high
Profile picture of The Age
Summer is uneasy as Lowe waits to see if eight rate rises is enough: The bank knows it is getting closer to that point where higher interest rates will do real ...
theage.com.au/politics/federal/summer-is-uneasy-as-lowe-waits-to-see-if-eight-rate-rises-is-enough-20221206-p5c3yo.html
Summer is uneasy as Lowe waits to see if eight rate rises is enough
Profile picture of The Sydney Morning Herald
Summer is uneasy as Lowe waits to see if eight rate rises is enough: The bank knows it is getting closer to that point where higher interest rates will do real ...
smh.com.au/politics/federal/summer-is-uneasy-as-lowe-waits-to-see-if-eight-rate-rises-is-enough-20221206-p5c3yo.html
Summer is uneasy as Lowe waits to see if eight rate rises is enough
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Why the RBA delivered the Christmas present no one wanted: Within moments of the RBA deciding to raise rates again, a cast of players decried the move to double ...
theage.com.au/business/the-economy/why-the-rba-delivered-the-christmas-present-no-one-wanted-20221206-p5c435.html
Why the RBA delivered the Christmas present no one wanted
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Why the RBA delivered the Christmas present no one wanted: Within moments of the RBA deciding to raise rates again, a cast of players decried the move to double ...
smh.com.au/business/the-economy/why-the-rba-delivered-the-christmas-present-no-one-wanted-20221206-p5c435.html
Why the RBA delivered the Christmas present no one wanted
Profile picture of The Sydney Morning Herald
Reserve Bank lifts interest rates to 10-year high: The bank has delivered a pre-Christmas rate rise, taking the official cash rate to 3.1 per cent ...
smh.com.au/politics/federal/reserve-bank-lifts-interest-rates-to-10-year-high-20221206-p5c3yg.html
Reserve Bank lifts interest rates to 10-year high
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Inflation expected to head in the wrong direction as the prices of services come into view
abc.net.au/news/2024-03-27/david-taylor-analysis/103636442
Inflation expected to head in the wrong direction as the prices of ...
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Can Australia pull off the once-impossible with jobs and inflation?: Despite the brutal round of interest rate hikes, people are still holding onto their jobs — ...
abc.net.au/news/2024-03-26/immaculate-disinflation-rba-central-banks-unemployment-inflation/103630768
Can Australia pull off the once-impossible with jobs and inflation?
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Markets Report: A look forward to the week ahead: Investors will this week delve into additional indicators shedding light on the inflation trajectory for major ...
euronews.com/business/2024/03/25/markets-report-a-look-at-the-week-ahead
Markets Report: A look forward to the week ahead
Profile picture of The Hill (newspaper)
Climate change driving up inflation in food prices: Study: Rising global temperatures are associated with inflation in food prices, both in regions that are ...
thehill.com/policy/energy-environment/4554700-climate-change-driving-up-inflation-in-food-prices-study/
Climate change driving up inflation in food prices: Study
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3 ways to save money for people on a fixed income: These tips might help you make the most of your fixed budget well into your golden years
ajc.com/things-to-do/aging-in-atlanta/3-ways-to-save-money-for-people-on-a-fixed-income/HGGEHJ4PHZD33CMT3PGEZTEVQA/
3 ways to save money for people on a fixed income
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Campaign looks to connect Latinos with Climate Action Plan funds: A new campaign is underway to help Hispanics in battleground states access federal climate ...
thehill.com/latino/4546933-campaign-latinos-climate-action-plan/
Campaign looks to connect Latinos with Climate Action Plan funds
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Higher olive oil prices due to shortage - Foodstuffs: Supermarket giant Foodstuffs is warning of a olive oil shortage and in turn higher prices at the checkout.
rnz.co.nz/news/country/512615/higher-olive-oil-prices-due-to-shortage-foodstuffs
Higher olive oil prices due to shortage - Foodstuffs
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Toyota confirms UK pricing for new GR Yaris: £10k price rise for Toyota's hot hatch hero - and the special editions are £60k...
pistonheads.com/news/ph-japanesecars/toyota-confirms-uk-pricing-for-new-gr-yaris/48353
Toyota confirms UK pricing for new GR Yaris
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‘Distinction the new credit’: Grade inflation puts uni integrity at risk: An investigation into grade inflation by Sydney University found a 234 per cent ...
smh.com.au/national/nsw/distinction-the-new-credit-grade-inflation-puts-uni-integrity-at-risk-20240321-p5fe7i.html
‘Distinction the new credit’: Grade inflation puts uni integrity at risk
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Annual inflation rose to 3.2 percent in February, hotter than expected: Consumer prices rose at faster monthly and annual rates in February, according to ...
thehill.com/business/4525863-annual-inflation-rose-to-3-2-percent-in-february/
Annual inflation rose to 3.2 percent in February, hotter than expected
Quick Glance: Inflation Decline and Consumer Impact
  • Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.

  • In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.

  • The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.

  • Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
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RBA keeps interest rates on hold at 4.35 per cent: The Reserve Bank has left interest rates on hold amid signs that growth in the economy has dramatically slowed ...
abc.net.au/news/2024-03-19/rba-keeps-interest-rates-on-hold-at-4-35-per-cent/103603962
RBA keeps interest rates on hold at 4.35 per cent
Profile picture of The Age
Reserve Bank holds interest rates steady: The Reserve Bank has kept the cash rate at 4.35 per cent as inflation continues to ease and economic growth all but ...
theage.com.au/politics/federal/reserve-bank-holds-interest-rates-steady-20240319-p5fdgl.html
Reserve Bank holds interest rates steady
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US industrialization will be top investment theme of next decade: RBA: RBA says energy and utility infrastructure, transportation, and real estate are top ...
markets.businessinsider.com/news/stocks/stock-market-oulook-industrialization-top-investment-theme-energy-infrastructure-manufacturing-2024-3
US industrialization will be top investment theme of next decade: RBA
Profile picture of Los Angeles Times
Ready for spring break travel? L.A. County gas prices top $5 a gallon: Higher crude oil prices and increased demand for fuel from spring break road trips have ...
latimes.com/california/story/2024-03-24/gas-prices-in-la-over-5-a-gallon
Ready for spring break travel? L.A. County gas prices top $5 a gallon
Quick Glance: Rising Gas Prices in California during Spring Break
  • The surge in crude oil prices and the increased demand for fuel due to spring break have led to rising gas prices in California.

  • Drivers in Los Angeles County are even experiencing higher prices, averaging $5.035.

  • Moreover, California is set to transition to its summer gas blend, potentially costing 15 cents more per gallon than the current winter blend, as mentioned by Shupe.

  • The national average for a gallon of gas stands at $3.533, as reported by AAA.
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Economic institutes lower growth forecast to 0.1 percent: The leading economic institutes in Germany have drastically revised their forecast downwards ...
tagesschau.de/wirtschaft/fruehjahrsprognose-institute-100.html
Economic institutes lower growth forecast to 0.1 percent
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Federal Reserve expected to cut rates, lift Biden's prospects: The U.S. Federal Reserve looks on track to cut interest rates as the presidential campaign season ...
reuters.com/markets/us/federal-reserve-expected-cut-rates-lift-bidens-prospects-2024-03-25/
Federal Reserve expected to cut rates, lift Biden's prospects
Profile picture of The Sydney Morning Herald
Stacking with ‘his mates’: Coalition attacks Chalmers on RBA reform: The Coalition has accused Jim Chalmers of trying to stack a part of the Reserve Bank that ...
smh.com.au/politics/federal/stacking-with-his-mates-coalition-attacks-chalmers-on-rba-reform-20240320-p5fdxj.html
Stacking with ‘his mates’: Coalition attacks Chalmers on RBA reform
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Weak demand: Residential property prices are falling more sharply than they have been since 2000
faz.net/aktuell/finanzen/preise-fuer-wohnimmobilien-sinken-im-rekordtempo-staerkster-rueckgang-seit-2000-19604413.html
Weak demand: Residential property prices are falling more sharply than ...
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Dow, S&P fall for third straight session with inflation data eyed: U.S. stocks slipped on Tuesday, giving up modest gains late in the session to send the Dow and ...
reuters.com/business/futures-rise-megacap-chip-stocks-bounce-2024-03-26/
Dow, S&P fall for third straight session with inflation data eyed
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Oil's Red Sea problem is getting harder to ignore: Oil shipments and prices are being disrupted by turmoil on the high seas.
axios.com/2024/03/26/crude-oil-markets-red-sea
Oil's Red Sea problem is getting harder to ignore
Profile picture of The Sydney Morning Herald
RBA warns borrowers are in for a tough year. But there’s some relief in sight: The Reserve Bank says one-in-20 borrowers are in negative cash flow ...
smh.com.au/politics/federal/rba-warns-borrowers-are-in-for-a-tough-year-but-there-s-some-relief-in-sight-20240322-p5fef0.html
RBA warns borrowers are in for a tough year. But there’s some relief in ...
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Poverty situation in Germany remains mixed: 2022 was the year of rapid inflation. However, according to the poverty report by the Paritätischer Gesamtverband ...
tagesschau.de/inland/gesellschaft/armut-inflation-100.html
Poverty situation in Germany remains mixed
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As Inflation Skyrockets, Argentines Rely on Time-Tested Strategies: Between December and February, Argentina’s accumulated inflation topped 70% ...
globalpressjournal.com/americas/argentina/inflation-skyrockets-argentines-rely-time-tested-strategies/
As Inflation Skyrockets, Argentines Rely on Time-Tested Strategies
Profile picture of The Hill (newspaper)
How a Trump presidency could threaten Biden’s signature climate achievement: Democrats’ sweeping Inflation Reduction Act (IRA) has fueled significant progress in ...
thehill.com/policy/energy-environment/4543117-trump-biden-inflation-reduction-act-hamper-climate-gains/
How a Trump presidency could threaten Biden’s signature climate ...
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Australian-owned banks can't explain 'persistently high profits', says Commerce Commission report
newsroom.co.nz/2024/03/21/commerce-commission-delivers-draft-report-on-personal-banking-competition/
Australian-owned banks can't explain 'persistently high ...
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Stock market today: Indexes slip again ahead of inflation data: Stocks logged another losing session on Tuesday, after closing lower in the prior two sessions ...
markets.businessinsider.com/news/stocks/stock-news-today-rally-fed-comments-pce-inflation-data-powell-2024-3
Stock market today: Indexes slip again ahead of inflation data
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Gold hits fifth record high in March on Fed rate-cut view: Gold prices on Thursday hit record highs for the fifth time this month after the U.S ...
reuters.com/markets/commodities/gold-sprints-record-high-fed-sticks-2024-rate-cut-view-2024-03-21/
Gold hits fifth record high in March on Fed rate-cut view
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Dollar weakens after Fed meeting, yen strengthens: The dollar weakened and the yen rebounded from near multi-decade lows on Wednesday after the Federal Reserve ...
reuters.com/markets/currencies/yen-flounders-near-four-month-low-fed-spotlight-2024-03-20/
Dollar weakens after Fed meeting, yen strengthens
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New figures: Inflation at lowest level for years - also in Berlin: Thanks to cheaper energy, the inflation rate in Germany fell in March to its lowest level ...
berliner-zeitung.de/news/inflation-auf-tiefstem-stand-seit-2021-auch-in-berlin-li.2195624
New figures: Inflation at lowest level for years - also in Berlin
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Association warns: Is there a risk of a coffee shortage from 2025?: The coffee industry is warning of coffee shortages and higher prices. The reason: an EU law ...
zdf.de/nachrichten/wirtschaft/kaffeemangel-2025-eu-verband-warnt-100.html
Association warns: Is there a risk of a coffee shortage from 2025?
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Switzerland becomes first major economy to cut interest rates in surprise move: The Swiss National Bank surprised the market with a decision to lower its main ...
cnbc.com/2024/03/21/switzerland-becomes-first-major-economy-to-cut-interest-rates-in-surprise-move.html
Switzerland becomes first major economy to cut interest rates in surprise ...
Quick Glance: Swiss National Bank Surprises with Rate Cut
  • The Swiss National Bank cut its main interest rate by 25 basis points to 1.50%, becoming the first major central bank to ease tighter monetary policy aimed at tackling inflation.

  • The franc dropped following the decision, boosting the euro to its highest level against the Swiss currency since mid-July last year, with Swiss government bond yields also falling.

  • Experts like Karsten Junius and Alexander Koch highlighted the significance of the rate cut due to low inflation rates and the strong franc, with expectations for more rate cuts.

  • The decision was widely perceived as a surprise, leading to speculation about further rate cuts in June and September, as inflation forecasts were substantially revised downwards.
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Rentals costing landlords up to $450 a week in top-ups: The five things you need to know about the housing market this week.
oneroof.co.nz/news/rentals-costing-landlords-up-to-450-a-week-in-top-ups-45221
Rentals costing landlords up to $450 a week in top-ups
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Wall Street hits record closing highs on rate-cut optimism; chipmakers rally: Wall Street's three major stock indexes on Thursday registered record closing highs ...
reuters.com/markets/us/futures-gain-fed-sticks-rate-cut-projections-micron-rally-lifts-chipmakers-2024-03-21/
Wall Street hits record closing highs on rate-cut optimism; chipmakers ...
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Germany's economy: Institutes drastically reduce growth forecast: Germany's leading economic institutes have reduced their growth expectations for the current ...
stern.de/wirtschaft/news/deutschlands-wirtschaft--institute-senken-wachstumsprognose-drastisch-34580142.html
Germany's economy: Institutes drastically reduce growth forecast
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Yen hits 34-yr low ahead of key US inflation data: The yen dropped to its lowest level since 1990 on Wednesday before rebounding slightly after Japan's top ...
reuters.com/markets/currencies/dollar-steadies-yen-teeters-ahead-key-us-inflation-data-2024-03-27/
Yen hits 34-yr low ahead of key US inflation data
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Australia survives sold out Taylor Swift shows without spike in inflation: Australia survived sold out Taylor Swift concerts in Sydney and Melbourne without a ...
reuters.com/world/asia-pacific/australia-inflation-holds-two-year-low-34-feb-2024-03-27/
Australia survives sold out Taylor Swift shows without spike in inflation
Profile picture of Politico
Biden starts making his affordable housing pitch on the trail: A trip to Nevada will be centered around increasing housing supply.
politico.com/news/2024/03/19/biden-campaign-affordable-housing-nevada-00147691
Biden starts making his affordable housing pitch on the trail
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Australia Signals It’s Done Hiking Rates, Sending Currency Lower: Australia’s central bank signaled it’s done tightening monetary policy after leaving interest ...
bloomberg.com/news/articles/2024-03-19/rba-drops-tightening-bias-after-holding-key-interest-rate
Australia Signals It’s Done Hiking Rates, Sending Currency Lower
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Your 401(k) has 'room to run.' And it's not all about Fed rate cuts.: The Fed's plans to cut interest rates seems to be driving up stocks and your 401(k) ...
usatoday.com/story/money/2024/03/24/fed-rate-cuts-stocks-economy/73074366007/
Your 401(k) has 'room to run.' And it's not all about Fed rate cuts.
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‘So sad’: Beloved restaurant collapses: Tough trading conditions in the hospitality sector have struck again, with the collapse of another popular restaurant.
news.com.au/finance/business/other-industries/really-tough-time-as-beloved-venue-collapses/news-story/625e47913decf71ef82d49608ceeb2b0
‘So sad’: Beloved restaurant collapses
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Lowest inflation rate in almost three years: Energy and food cheaper than they have been for a long time
hna.de/leben/geld/niedrigster-inflationswert-drei-jahren-energie-billiger-lebensmittel-geld-kaufkraft-inflation-zr-92886544.html
Lowest inflation rate in almost three years: Energy and food cheaper than ...
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Reserve Bank tipped to hold interest rate but economists split on when cuts will start
theguardian.com/australia-news/2024/mar/19/rba-interest-rates-expected-hold-cuts
Reserve Bank tipped to hold interest rate but economists split on when ...
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Asian stocks retreat after US shares hit record: markets wrap: Equities in Asia backtracked on Friday after US stocks hit yet another record ...
dailymaverick.co.za/article/2024-03-22-asian-stocks-retreat-after-us-shares-hit-record-markets-wrap/
Asian stocks retreat after US shares hit record: markets wrap
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Bakery charges higher prices on Sundays and public holidays - "For being open": To compensate for the wage increase: a Dresden master baker raises the prices of ...
schwaebische-post.de/welt/verbraucher/aenderung-baeckerei-presierhoehung-sonntage-feiertage-brot-semmeln-preise-zr-92909735.html
Bakery charges higher prices on Sundays and public holidays -
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Burrito price hike in San Francisco restaurant aims to break even with inflation: A Mexican restaurant in San Francisco’s Mission District, La Vaca Birria is ...
nbcbayarea.com/news/local/san-francisco/22-dollar-burrito-la-vaca-birria-san-francisco/3479820
Burrito price hike in San Francisco restaurant aims to break even with ...
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Singapore Feb core inflation accelerates to 7-month high amid Lunar New Year: Singapore's February core inflation accelerated to its fastest pace in seven months ...
reuters.com/world/asia-pacific/singapore-february-core-inflation-rises-36-yy-2024-03-25/
Singapore Feb core inflation accelerates to 7-month high amid Lunar New ...
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Fact check: Trump won’t stop inflating inflation numbers: Americans have experienced significant price increases during the tenure of President Joe Biden – but ...
cnn.com/2024/03/19/politics/fact-check-donald-trump-inflation/
Fact check: Trump won’t stop inflating inflation numbers
Profile picture of The Sydney Morning Herald
Philip Lowe backs RBA’s caution on rate cuts: The former Reserve Bank governor has joined the chorus of voices warning that interest rates may have to stay ...
smh.com.au/business/the-economy/philip-lowe-backs-rba-s-caution-on-rate-cuts-20240312-p5fbsy.html
Philip Lowe backs RBA’s caution on rate cuts
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Now is not the time to do anything more to slow the economy – it’s already in danger of stalling
theguardian.com/business/grogonomics/2024/mar/21/australia-unemployment-rate-february-release-rba-gdp
Now is not the time to do anything more to slow the economy – it’s already ...
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RBA will decide how long the economy’s slump lasts: When the Reserve Bank stuffs up, it doesn’t pay the price, but the elected government does.
smh.com.au/business/the-economy/rba-will-decide-how-long-the-economy-s-slump-lasts-20240310-p5fb7t.html
RBA will decide how long the economy’s slump lasts
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Why Costco’s hot dog is still $1.50 when everything has gotten so expensive: Inflation has touched nearly everything these last few years — even Trader Joe’s ...
cnn.com/2024/03/27/economy/costco-hot-dog-inflation/
Why Costco’s hot dog is still $1.50 when everything has gotten so ...