Bond market sends warning sign on inflation
Fears of inflation in the market, rising against a backdrop of cluttered global supply chains and soaring energy costs, is putting huge pressure on central banks.
Fears of inflation in the market, rising against a backdrop of cluttered global supply chains and soaring energy costs, is putting huge pressure on central banks.
Former Australian Treasury secretary Martin Parkinson has called for an urgent revamp of Canberra’s economic reform agenda.
Canberra’s deluge of pandemic stimulus could come with a sting in its tail as inflation rises, warns CBA’s Gareth Aird.
Calls for a thorough review of the Reserve Bank’s practices have reached fever pitch amid suggestions it is failing in key areas of its policy remit.
The economy grew 0.7% in the second quarter from the first quarter, well above the 0.4% growth forecast by economists.
Australia is back in recession as Covid-related lockdowns push activity into a big third-quarter contraction, according to the Commonwealth Bank.
The debate around the RBA’s board table over the scheduled reduction in weekly government bond purchases is set to be vigorous as surging Covid-19 cases shutter key capitals.
In minutes of its August policy meeting, the RBA moved to signal its growing concern that the Delta strain represents a new challenge.
RBA board member Ian Harper says a deep contraction in Australia’s economy in the third quarter looks unavoidable.
A fierce storm has been whipped up by the sudden shutdown of Sydney due to a significant outbreak of Covid-19 cases.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/11