The ABS may be overstating Australia’s inflation problem – just look at cigarettes, solar energy and electric cars.
How can the Reserve Bank of Australia get inflation back into the 2 per cent to 3 per cent target band?
Plan A for the RBA and the government seems straightforward: hike interest rates, crush demand and pray for some sort of peace in the Middle East. But there is another question worth asking: Is the Consumer Price Index capturing the inflation that households are experiencing ?
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Thinktank Niesr says timid rate rise last week likely to make inflation more persistent feature of UK economy
Mortgage holders reeling from the blunt force of five interest rate hikes this year are questioning if there are other ways of controlling inflation. The answer is not simple.
The report comes at a critical juncture for the Federal Reserve as it considers its next move regarding interest rates.
The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.
US Treasuries slumped, pushing yields sharply higher, after hotter-than-expected inflation data and comments from a key Federal Reserve official fueled bets that the central bank would need to deliver more aggressive interest rate hikes to cool inflation.
US stocks are falling after a report showed inflation was worse across the country last month than economists expected.
