NewsBite

Interest rates

Advertisement
Federal Reserve chair Jerome Powell speaks during an event hosted by the Economic Club of Chicago.

Jerome Powell says Trump’s tariffs are a threat to inflation and jobs

The US Federal Reserve Board’s usually cautious chairman says Trump’s tariffs will lead to higher inflation and lower US economic growth. That won’t go down well in the White House.

  • Stephen Bartholomeusz

Latest

BoQ chief executive Patrick Allaway.

Bank boss tips ‘at least two’ rate cuts this year

As market turmoil threatens to hit economic growth, the Reserve Bank can support the economy through rate cuts, says Bank of Queensland.

  • Clancy Yeates
Wall Street is sharply lower on Monday in New York.

Trump has successfully blown up the global trading system

The volatility so far this month might be just a reaction to Trump’s tariffs. It might also reflect a structural threat.

  • Stephen Bartholomeusz
Donald Trump’s tariff policies have sent markets on a roller coast ride.

Cheaper fuel? Five ways the market meltdown affects you

Super balances, home loan repayments and the price of petrol could all be affected by the recent mayhem on financial markets.

  • Clancy Yeates

Bullock hoses down hopes of deep interest rate cuts after Trump upheaval

Expectations of deep cuts in official interest rates to protect the economy from the global tariff war are growing, but the Reserve Bank governor is cautious.

  • Shane Wright

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
Advertisement
We may be at the start of a refinancing frenzy, with more rate cuts on the way.

How savvy borrowers can double the coming rate cuts

With more rate cuts on the way and refinancing starting to kick off, it’s a perfect time to save big bucks on your mortgage.

  • Nicole Pedersen-McKinnon
Anthony Albanese and Peter Dutton.

Albanese lays down challenge for Dutton over wages

Labor will urge the workplace regulator to order a real increase in pay for 2.6 million workers after the RBA chose to keep interest rates on hold.

  • David Crowe and Millie Muroi
RBA governor Michele Bullock said it was a consensus decision to keep rates on hold.

Job losses not RBA’s priority as bank keeps rates on hold

Asked about the impact of incoming US tariffs, RBA governor Michele Bullock said inflation remained the bank’s main focus as it held interest rates steady at 4.1 per cent.

  • Shane Wright and Millie Muroi
The Australian dollar posted one of its best weeks in a year.

Trump’s ‘Liberation Day’ overshadows Reserve Bank’s rate call

The US president’s threat to treat Australia’s 10 per cent goods and services tax as a trade impediment has been branded as ‘ridiculous’ by economists.

  • Jacob Shteyman

Original URL: https://www.theage.com.au/topic/interest-rates-5yo