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News
House prices head for historic 10% drop as fourth interest rate hike looms
1+ week, 5+ day ago (503+ words) Michele Bullock, the Reserve Bank’s governor, told reporters at her post-meeting press conference on...
Record strength El Niño could mean bigger supermarket bills for Australians, experts warn
6+ day, 14+ hour ago (650+ words) food prices higher this year, experts say, piling pressure on households already struggling with the post-pandemic...
US consumers faced more high prices in August as Iran war raised energy costs
2+ day, 13+ hour ago (667+ words) In a social media post last week, Trump said the central bank “must get smart” and lower rates....
Australia’s economy limps along, but the RBA should take a closer look before raising interest rates again | Greg Jericho
1+ week, 4+ day ago (886+ words) The story of the economy at the moment is one of give and take – and what’s good for investment is bad for trade When the Bureau of Statistics released the GDP figures on Wednesday, the June quarter 0.4% growth figure immediately…...
Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live
2+ week, 5+ day ago (1279+ words) Spot gold touches almost $4,700 an ounce and Bitcoin tops $80,000 while oil prices fall despite threat of heavy US sanctions on Iran and any country trading with it Over here, Andy Burnham has backtracked on his proposal to rip up the…...
US Treasury bond yields tumble after Scott Bessent steps in to calm market – business live
3+ week, 4+ day ago (1736+ words) US Treasury department announces it will ‘at least’ double its government debt purchases The accelerated buyback will start on 9 September and run until 4 November. The US Treasury department said: double quotation markThis increase in buyback operation sizes reflects Treasury’s desire…...