September
- Analysis
- Monetary policy
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.
- Sam Fleming, Colby Smith and Olaf Storbeck
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.
- Hans van Leeuwen
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.
- Andrew Atkinson and Tom Rees
- Opinion
- Global economy
What Taylor Swift and Oasis can teach us about the economy
The music industry’s shift from product to performance foreshadows a widespread move towards intangible assets in the wider economy.
- Andy Haldane
August
- Analysis
- Monetary policy
Jackson Hole bankers pivot to cuts as soft landing comes into view
Global rate-setters have left the Wyoming symposium cautiously optimistic, but acutely aware of the risks of either cutting rates too soon or leaving it too late.
- Colby Smith
Jackson Hole gathering reveals fresh concern for central bankers
Officials from three of the world’s major central banks have signalled they are on course to lower interest rates emerging weakness in labour markets and growth become the chief threat for policymakers.
- Steve Matthews, Mark Schroers and Jonnelle Marte
UK inflation rises less than expected, raising rate hopes
Services inflation, the Bank of England’s key measure of domestic price pressures, declines more than expected.
- Tom Rees, Aline Oyamada and Andrew Atkinson
Stop telling us what to do with interest rates: RBA deputy
Economists and politicians have accused the Reserve Bank of hypocrisy after deputy governor Andrew Hauser labelled economic commentators overconfident “false prophets”.
- Updated
- Michael Read
- Opinion
- Monetary policy
Central banks need true transparency not fake consensus
The Bank of England isn’t afraid to advertise its differences. That is better for creating trust than the obsession with a united front at the US Fed.
- Mohamed El-Erian
- Opinion
- Monetary policy
RBA must say no to the Recessionistas out there
The Reserve Bank is taking its dual mandate seriously and seems to be ignoring the incessant clamouring for another rise in the cash rate.
- Craig Emerson
Worst day for ASX since SVB crisis as US recession fears surge
Australian shares ended their worst session in more than a year on Friday after fears of a hard economic landing returned in droves in the US overnight.
- Updated
- Joanne Tran and Joshua Peach
- Opinion
- Federal budget
Election timing no longer swings on an elusive rate cut
The government is at the mercy of the Reserve Bank. But the central bank is also subject to forces beyond its control.
- Laura Tingle
July
Wave of shipping inflation could complicate rate cuts, economists warn
Economists are sounding the alarm on the impact of surging shipping costs on the global fight against inflation.
- Delphine Strauss
- Opinion
- Private equity
Why central banks are in two minds on the private credit boom
The US Fed is not worried about the systemic risks of private credit, but the Bank of England and the ECB are not so sure.
- Howard Davies
June
Trump, Biden spar; ANZ-Suncorp deal gets nod; RBA’s rates humiliation
Read everything that’s happened in the news so far today.
France’s election could trigger market shockwaves, BoE warns
The Bank of England’s alert comes before Sunday’s first round of voting. Polls now show the populist right potentially closing in on a parliamentary majority.
- Hans van Leeuwen
BoE keeps rates at 16-year high despite inflation fall
Policymakers held rates held at 5.25pc and signalled that policy would stay restrictive until the risk of inflation overshooting their target had dissipated.
- Eshe Nelson
UK inflation back to 2 per cent target for first time since 2021
While the fall in headline inflation in May will be welcomed by both Prime Minister Rishi Sunak and the BoE, it is likely to have come too late.
- David Milliken and Suban Abdulla
- Opinion
- Federal Reserve
The Fed treats itself to the luxury of time when it comes to rates
The decision to sit pat highlights the very different approaches central bankers are taking as they try to rein in inflation while maintaining economic growth.
- Karen Maley
Britain’s economy stalls in blow for Sunak
Gross domestic product was flat in April compared with the previous month, a slowdown from 0.4 per cent growth in March.
- Tom Rees and Irina Anghel