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The Reserve economic organization keeps rates on hold and acknowledges households are bearing the brunt |The company

The economy is on a narrow path and it’s only getting narrower. That’s the message from the reserve economic organization as it kept rates on hold at 4-point-35 per cent. The Governor Michele Bullock again warned the board will do whatever it takes to tame inflation. But while she was talking tough, Ms Bullock acknowledged … Read more

Fed Chair Powell delivers remarks at the Washington Forum on the Canadian economy — 4/16/2024

Federal Reserve Chairman Jerome Powell speaks at the Washington Forum on the Canadian economy in Washington, DC, in a moderated discussion with Tiff Macklem, Governor of the Bank of Canada. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC … Read more

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Fixing one of Australia's worst housing crises | The enterprise | ABC News

Tasmanians go to the polls this weekend with housing a major issue in the state election. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-03-20/airbnb-ban-no-deposit-home-loans-landlord-subsidies-tas-election/103584528 Banning new Airbnbs, giving cash to landlords to cap rents and no deposit home loans are just some of the policies on offer. With polls looming across the nation, it suggests governments are … Read more

Why the RBA has gone soft on finance charge rate hikes | The company | ABC News

00:00 – Intro 03:58 – Interview on lender of Japan raising finance charge rates 08:57 – Effects for countries that trade with Japan The Reserve lender has left finance charge rates on hold amid signs that development in the economy has dramatically slowed down following 13 finance charge rate rises since May 2022. Subscribe: http://ab.co/1svxLVE … Read more

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When will the Reserve lender cut borrowing charge rates? | The company | ABC News

The Reserve lender has left borrowing charge rates on hold at a 12-year high after inflation fell by more than expected towards the end of 2023. It means the cash rate remains at 4.35 per cent. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-02-06/rba-board-keeps-cash-rate-steady-february-2024/103431110 Most economists are predicting a rate cut this year. But the RBA says … Read more

This is Why the stock sector hasn’t crashed Yet – What BlackRock Doesn't Want You To Know

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Why house prices will continue to rise | The enterprise | ABC News

NAB chief executive officer Ross McEwan expects house prices to continue rising a little bit more this year and next year. He says there’s a lot of demand for homes and very limited supply. The number of migrants coming back to Australia has also exacerbated the issue. Mr Ewan told The enterprise’ Alicia Barry borrowers … Read more