central bank

Despite catastrophic predictions of the fixed rate mortgage ‘cliff’ that has generated headlines for months and sowed fears of widespread defaults and increasing arrears, household borrowers have, so far, weathered the interest rate…

The Reserve Bank might be forced to continue its punishing round of interest rate hikes, with concerning new data revealing inflation remains stubbornly high.Annual headline inflation fell to 5.4 per cent in September, from 6 per cent in…

International Monetary Fund First Deputy Managing Director Gita Gopinath. File | Photo Credit: Reuters Price pressures seem entrenched in many economies, including emerging markets, and upside inflation risks are sizeable, said Gita…

Central banks worldwide are grappling with the challenge of curbing inflation, but there’s one nation that is facing a particularly severe crisis in what is now being dubbed the post-Covid economy. In an attempt to address its alarming…

A debt ceiling disaster is looming for America’s economy which could see the nation buckle into a default, plunging the country and the wider world into a financial calamity. New analysis shows if the US were to default, mortgage repayments…

Canadians’ wages are finally growing faster than prices as inflation continues to ease, but that isn’t necessarily good news for economists who worry high wage growth might stand in the way of bringing inflation back down to the two…

Consumer prices in India are showing further signs of moderation, giving the central bank room to keep rates on hold after an aggressive tightening campaign dampened demand and muddled the wider outlook for the economy. Inflation rose 4.76%…

A cash crunch driven surge in funding costs in Indian money market to a five-week high may deter the nation’s central bank from hiking benchmark policy rates.   The weighted average call rate, an overnight funding cost rate the…

A hidden detail in the federal budget will bring a sigh of relief to millions of homeowners.Aussie families have been hit hard by relentless interest rate hikes and the surging cost of living. However the budget outlook predicts rates will…

Jim Chalmers says Labor’s razor gang made hard decisions to bank extra revenue rather than spend it as he insists his second federal budget will drive down inflation.The Treasurer has defended splashing $21bn amid debate among some…