Since the start of the year, central bankers’ best hopes to take pressure off the economy have gotten dimmer and dimmer.
Shares firm; retail sales disappoint; $A slips; Sidara sale sinks Worley; BHP confirms $38b settlement; Origin gas revenue ...
Shares firm; Wall Street up as Tesla surges 15 per cent; BHP confirms $38b settlement; Origin gas revenue falls; Coles sales ...
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
The still-elevated price levels pose a challenge for the Biden administration, which has sought to claim credit for inflation ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden ...
The Federal Reserve’s preferred inflation ... up from 2.5% in February, according to the BEA. The March PCE report adds to other recent concerning economic data, such as a report from the BEA on ...