The latest annual inflation data shows the cost of coverage rose 14 per cent in the 12 months to June. The impacts of climate change, smarter cars and costly repairs are part of the problem. While Australians might feel like premiums are too high, the companies which provide the cover are subsidising policies from capital … Read more
Economists say the latest inflation data takes pressure off the Reserve economic organization to hike loan charge rates in August. The annual headline figure came in as expected at 3-point-8 per cent but the quarterly underlying measure eased for the sixth quarter in a row, suggesting inflation is still trending down. Rental prices rose by … Read more
NatWest Markets U.S. head Michelle Girard argues a recession is on the horizon despite what most economists believe on ‘Making Money.’ #foxbusiness #makingmoney Subscribe to Fox enterprise! https://bit.ly/2D9Cdse Watch more Fox enterprise Video: https://video.foxbusiness.com Watch Fox enterprise Network Live: http://www.foxnewsgo.com/ FOX enterprise Network (FBN) is a financial news channel delivering real-time information across all platforms … Read more
Discover Jermal’s insights on recent sector activities, CPI’s lowest inflation since August 2021, and major shifts in yen, gold, and dollar—highlighting volatility trends, sector rotations, and the latest on Tesla, CMG, MSTR, and Costco. Stay informed on crucial updates in economic organization earnings, bond positions, and stock splits for smart investing. Subscribe to our Second … Read more
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#shares #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest industry news check out financial.yahoo.com US shares rolled over on Thursday as investors rotated out of tech after a key inflation report showed consumer prices unexpectedly fell on a month-over-month basis for the first time since 2020. … Read more
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The RBA Governor Michelle Bullock has flagged the board won’t hesitate to increase finance charge rates, but critics say another hike would hazard crashing the economy. The Australia Institute Executive Director Richard Denniss says increasing finance charge rates is “dangerously unnecessary” and it’s more important to avoid a recession than get inflation down to the … Read more
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