Australian inflation has come in hotter than expected after lifting 3.6 per cent in the 12 months to March. But the consumer price index also cooled from 4.1 per cent in the previous corresponding year, the Australian Bureau of Statistics reported. On a quarterly basis, inflation rose one per cent, up from 0.6 per cent […]
Fed Powell Says Progress in Reducing Inflation Stalled (Second column, 5th story, link) Related stories:Market fear signals flashing redIMF Steps Up Warning Over Spending and Ballooning DebtThe overlooked threats to global financial system Drudge Report Feed needs your support! Become a Patron
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Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth It was an ugly macro week Source: Bloomberg and worse still, 'growth' surprises disappointed significantly while 'inflation' surprises surprised to the upside significantly Source: Bloomberg Soaring inflation expectations sent rate-cut expectations to new cycle lows Source: Bloomberg pushing yields higher across the board (led by the long-end) Source: Bloomberg But, stocks...
Reserve Bank and Treasury had predicted unemployment rate would rise from February’s 3.7% as interest rates biteFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralia’s economy shed 6,600 jobs last month as employers responded to weak demand by trimming staff numbers.The unemployment rate in March was 3.8%, the Australian Bureau of Statistics announced on Thursday, rising from February’s 3.7%.Sign up for Guardian...
Missing Crown Prince grabbed double its audience on Saturday night, a number it seems to have been able to retain on Sunday. Yay!
Daniel Farke’s side knew that even a draw would take them top of the Championship after Leicester City’s defeat at Friday night hosts Plymouth Argyle and that a victory would send them two points clear in the automatic promotion places ahead of Ipswich Town’s 3pm hosting of Middlesbrough. Leeds, though, ultimately left with nothing as an 82nd-minute strike from the division’s top scorer Sammie Szmodics condemned United to a first home league loss of the season, dealing a huge blow to the team’s...
State Street chief investment officer Lori Heinel believes a rate cut in June is "likely."
ASTON VILLA took a bit of mauling from a club nicknamed The Mastiffs! But Unai Emery’s boys showed true British bulldog spirit to battle back when they seemed dead and buried. And it was Emi
IMF is projecting a growth rate of 4.4 per cent for Ghana by the end of 2025. This was captured in the IMF’s Global Economic Outlook released on the sidelines of the Annual World Bank/ IMF Spring Meetings in Washington DC USA, on April 16, 2024. The IMF in the report also projected that Ghana […]
Emiliano Martinez was the hero as Aston Villa beat Lille in a penalty shootout. Argentina star received a second booking in shootout but escaped a red card. Exhausted Man City?! We're all tired, but it's dangerous to spread that message. Big games are what it's all about: Listen to the