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Inflation

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Donald Trump at a cabinet meeting this week. Despite big disruption from his administration, markets are back to where they started.

Trump says Biden is to blame for America’s shrinking economy. The data says otherwise

The US president blames his predecessor for the sharemarket slump and the fall in America’s GDP. In reality, it’s the “dumbest trade war in history” that’s responsible.

  • Stephen Bartholomeusz

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Finance Minister Katy Gallagher and Treasurer Jim Chalmers watch the PM speak on Wednesday.

Rate cut all but locked in for May despite higher-than-expected inflation

Economists and financial markets believe a quarter percentage point cut in May, worth $100 a month to repayments on a $600,000 mortgage, is all but a done deal due to the latest ABS figures.

  • Shane Wright and Millie Muroi
Opposition leader Peter Dutton and senator Jacinta Nampijinpa Price visited a Darwin shopping centre, lured by the chance of a win in the seat of Solomon.

Dutton eyes better budget but will require cuts in homes and power

Whoever wins on Saturday faces budget deficits as far as the eye can see. Peter Dutton faces tough choices to meet his promises and cut spending.

  • Shane Wright
Shein and Temu were both founded in China and are rapidly expanding overseas, including in Australia.

Americans are about to feel the Trump blowtorch of higher prices

A wall of consumer goods once sold from China to the US could be dumped on other markets such as Australia.

  • Elizabeth Knight
Jerome Powell and his officials hold rates steady as they resist Donald Trump’s calls to cut borrowing costs.

Regulators warned the US bond market was vulnerable. Trump is proving them right

The world’s traditional havens in times of stress have themselves become sources of stress.

  • Stephen Bartholomeusz
Anthony Albanese and Peter Dutton will unveil their signature cost of living and housing policies at their campaign launches.

Dutton offers $1200 tax cut against Albanese’s 100,000 homes in defining election pitch

Both leaders will use their campaign launches to unveil $10 billion policies, which also include a Labor plan to allow most first home buyers to enter the market with a 5 per cent deposit.

  • Matthew Knott and Paul Sakkal
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Chocolate prices are up by 33 per cent as the Easter season kicks off.

‘As high as you could charge’: Why Easter egg prices have surged 33 per cent this year

Retail prices have soared as international cocoa producers are rocked by bad weather.

  • Nick Newling and Jessica Yun

Trump is making life very difficult for an old enemy

Fed chair Jerome Powell has, not for the first time, found himself between a rock and a hard place. It didn’t have to be like this.

  • Stephen Bartholomeusz
Demonstrators rally against US President Donald Trump and his recent policies in Trafalgar Square, London, England.

Trump’s trade war is bad, but how bad is up to the rest of us

What matters most is the indirect effect on Australia from Trump’s attempts to start a trade war with the other big economies.

  • Ross Gittins

Dutton wants to know if you’re better off now. It’s a trick question

The opposition leader’s question is so seductive to people who don’t follow politics and the economy, and don’t want to use their grey matter.

  • Ross Gittins

Original URL: https://www.smh.com.au/topic/inflation-1mph