RBA casts doubt over unemployment rate
The Reserve Bank has made almost no changes to its forecasts as it made the case for an eventual increase in interest rates, should its predicted scenario eventuate.
The Reserve Bank has made almost no changes to its forecasts as it made the case for an eventual increase in interest rates, should its predicted scenario eventuate.
Argentina's central bank raised its benchmark interest rate 3 percentage points to 33.25 per cent, but that didn't stop the peso from tumbling to a record low.
Melbourne Health has reversed its earlier position that it could not do more given former lord mayor's ill health.
Saul Eslake, a firm supporter of Labor's promised crackdown on tax avoidance, is "just as implacably" opposed to an even higher top marginal tax rate for those earning more than $180,000.
Predicting three more rate hikes this year and up to four next year, Macquarie chief economist Ric Deverell says the Fed is moving too slowly.
Our obsession with four-year forward estimates gives governments every incentive to bury the true costs of policies - and both sides of politics are serial offenders.
CBA has cut its Australian dollar forecast for 2018 and 2019 to account for a slowing global economy, the pricing out of an Australian interest rate hike and a firmer US dollar.
Economics is not a war. No one has to lose in trade. But it depends on everybody playing by the same rules.
The US Federal Reserve signalled it would tolerate inflation slightly over shooting its 2pc target without raising interest rates too aggressively.
The Federal Reserve held interest rates steady and expressed confidence that a recent rise in inflation to near the US central bank's 2 per ...
The US Treasury Department will boost the amount of long-term debt it sells to $US73 billion this quarter.
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