Today
Powell signals rates will stay higher for longer
The Federal Reserve has kept rates unchanged but chairman Jerome Powell said that inflation was still too high despite “sufficiently restrictive” policy.
- Matthew Cranston
Yesterday
- Opinion
- Interest rates
Are we returning to the late ’90s high interest rate era?
I’m starting to wonder whether high interest rates might last a lot longer than many people, including me, have been predicting.
- Paul Krugman
Fed, RBA to talk tough on inflation and rates
The central banks are expected to take harsher tone on tackling inflation at their upcoming policy meetings, further tempering rate cut hopes that have underpinned equities this year.
- Cecile Lefort
- Opinion
- Interest rates
Bullock must now warn that interest rates may rise again
When the RBA board meets next week, the key question governor Michele Bullock will be grappling with is the future pace of disinflation.
- John Kehoe
European economy rebounds, but June rate cut still on the cards
The bounceback has not triggered inflation, creating space for the European Central Bank to start easing the squeeze before the US Federal Reserve.
- Hans van Leeuwen
April
CBA tips one rate cut this year as retail sales ease fears of a rise
Last week’s hot inflation data reignited the prospect of further rate increases, but Tuesday’s weak retail sales numbers have traders walking back those expectations.
- Cecile Lefort and Joshua Peach
Yen drops to a 34-year low; will authorities step in?
The steep sell-off in the Japanese currency to the lowest level since 1990.
- Updated
- Cormac Mullen
RBA’s next move will still be a rate cut, say investors
Market pundits argue that interest rates are still going down, not up, because inflation is declining, albeit at a slower pace than many had expected.
- Cecile Lefort
- Opinion
- Opinion
RBA must ignore the band of economists pushing a rate rise
The Reserve Bank should not be firing up its interest rate models on the strength of inflation that is now steadily dropping into target range.
- Craig Emerson
Investors bet global central banks forced to delay rate cuts
Market expectations for loosening interest rates in Europe and the UK have been pushed back, as the US grapples with a hot economy.
- Updated
- Sam Fleming, Tommy Stubbington and Martin Arnold
- Opinion
- Interest rates
How Boomers are busting hopes for rate cuts
Macro commentator James Aitken says interest rates may have to head higher after we underestimated the increasingly powerful wealth effect.
- Jonathan Shapiro
- Opinion
- Opinion
The RBA is still threading the needle
The Reserve Bank’s next policy move is more likely to be a rate cut despite the evidence seen in the stronger than expected March inflation figures, says GSFM’s Stephen Miller.
- Stephen Miller
- Analysis
- Analysis
Why the US is stuck in interest rate ‘purgatory’
GDP, adjusted for inflation, increased at a 1.6 per cent annual rate, but figures also included more evidence that efforts to tame price increases have stalled.
- Updated
- Ben Casselman
- Opinion
- Opinion
Why inflation is proving sticky on both sides of the Atlantic
What matters is not what is happening right now, but what will happen in the months or even years ahead, as past policy works through the system.
- Updated
- Martin Wolf
Traders speculate RBA’s next move could be up
The Australian dollar jumped and bonds sold off after inflation beat forecasts, prompting traders to abandon almost every basis point of easing in this year’s cash rate profile.
- Updated
- Cecile Lefort
‘Can’t rule out a further rate hike’: economists
Economists point to signs the economy is picking up, fuelling speculation that the Reserve Bank of Australia could lift the cash rate one more time.
- Updated
- Cecile Lefort
- Opinion
- Investing
The S&P 500 keeps defying the equity bears – here’s why
A pessimistic outlook hasn’t stopped a serious rally in the past year, but it may have further to run.
- Vimal Gor
- Analysis
- Analysis
How government debt could blow up the global financial system
As Western governments shy away from debt reduction and structural reform, investors must reassess their view of “safe” assets.
- John Plender
Aussie dips below US64¢ as Powell quashes rate cut hopes
The $A fell to its weakest since mid-November after Federal Reserve chairman Jerome Powell said the central bank needed more time to tame sticky inflation.
- Updated
- Joanne Tran and Cecile Lefort
$A hits five-month low as hopes of rate cut fade
The local currency fell to the lowest since November after surprisingly strong US retail sales data prompted traders to again taper rate cut bets for the world’s largest economy.
- Updated
- Joanne Tran and Cecile Lefort
