May
Tariffs force Bank of England to mull faster pace of cuts
Most economists believe Britain’s central bank will switch to a dovish stance after judging that Donald Trump’s tariffs will weigh on growth and temper inflation.
April
Mark Carney won, but there will be no honeymoon
The newly elected PM told Canadians he was the right person to stand up to Donald Trump and boost the country’s lacklustre economy. Now he has to do it.
Carney shows dignity matters most in combating Trump
Famously commonsensical Canada reminds us that some things – patriotism, dignity – can be valued higher than short-term economic growth.
Crisis-fighting central banker to lead Canada through US trade war
Mark Carney ran a low-key five-week campaign and steered clear of major gaffes. His blend of tough talk and bland competence was a deliberate strategy.
Murdoch abandons new bid for Rightmove over tariff chaos
Other multibillion-dollar deals and stock market floats are also at risk amid global trade uncertainty.
RBA frets over global markets, hedge fund leverage
Australian households have weathered high interest but the Reserve Bank of Australia is worried about a global market storm that’s coming our way.
March
Bank of England leaves rates unchanged at 4.5pc as inflation stays high
UK inflation remains at 3 per cent, above the bank’s 2 per cent target and is set to push higher in the coming months.
Canada goes hard on Trump while Australia goes quiet
The traditionally polite Canadian government is condemning Donald Trump’s America as it faces a tough election. Australia’s government is far more cautious, but can that last?
Canada’s Liberals elect new leader as Trudeau bows out
The race is between Mark Carney, former governor of the Bank of Canada and the Bank of England, and former finance minister Chrystia Freeland.
This ex-CEO is risking all to clear his name over Epstein
Former Barclays boss Jes Staley is contesting a ban by UK financial regulators in a case that will again reveal big names tied to the late paedophile.
February
Bank of England cuts key UK interest rate to 4.5pc
The latest reduction reflects some concern about the outlook for the British economy, which has barely grown over the past six months.
January
UK treasurer flies to China as Britain braces for more market turmoil
Rachel Reeves was criticised for being “missing in action” in parliament question time as she flew to Beijing for meetings with communist officials and businesses.
December 2024
Bank of England pauses rate cuts as inflation picks up
The BoE did not join its rate-cutting peers in the US and Europe because, despite a flatlining economy, prices and wages have gathered pace.
November 2024
Bank of England cuts interest rates again, keeps counsel on Trump
The BoE boss warned that the inflation fight wasn’t won, and said it was too early to tell how Trump’s presidency might shift the global economy.
ASX to rise as US election decider and Fed’s second act grip markets
Futures indicate the benchmark S&P/ASX 200 Index will open 0.4 per cent higher on Monday as investors expected the Federal Reserve to deliver a second rate cut.
October 2024
No ‘secrets’ at RBA private briefings
Andrew Hauser dismissed concerns about the RBA holding private discussions with market participants, arguing it must understand what is happening in the economy.
What Tony Abbott taught Liz Truss about handling illegal immigrants
Attempts by the previous British government to thwart people smuggling by deporting illegal immigrants to Rwanda was based on advice by Tony Abbott
September 2024
Did central banks get the inflation crisis right?
Rate-cutting cycles in recent decades – such as in the early 2000s, or during the financial crisis of 2007 – have tended to be associated with steep economic downturns.
Bank of England holds fire on rate cuts after Fed’s bazooka round
Facing less pressure from its economy or jobs market, the BoE is expected to wait until November to unleash a second interest rate cut.
UK inflation steady at 2.2pc leaves door open for more rate cuts
While policymakers are expected to leave rates unchanged at 5 per cent this week, market expectations of further easing have been mounting.