NewsBite

Terry McCrann

US Federal Reserve Chairman Jerome Powell speaks during a press conference at the end of the two-day Federal Open Market Committee (FOMC) meeting at the Federal Reserve in Washington, DC, on March 20, 2024. The Reserve voted Wednesday to hold interest rates at a 23-year high, between 5.25 percent and 5.50 percent, for a fifth consecutive meeting, and signaled it still expects to make three rate cuts this year. (Photo by Mandel NGAN / AFP)
Business

Six earth-shaking hours

The US Fed’s ‘dot points’, supposedly predicting rate cuts, stirred up the markets bigtime. But they’re well known for their inability to forecast the future.

CANBERRA, AUSTRALIA, NewsWire Photos. MARCH 19, 2024: Climate Change and Energy Minister Chris Bowen and Prime Minister Anthony Albanese during Question Time at Parliament House in Canberra. Picture: NCA NewsWire / Martin Ollman
Business

PM and a team of incompetents

From destroying the electricity system to overseeing a growing migration crisis, Labor’s ministry of incompetents have proven to be way out of their depth.

More Stories

Terry McCrann
MELBOURNE, AUSTRALIA - Newswire Photos August 28, 2023: Qantas CEO Alan Joyce during a senate hearing into the cost of living. Picture NCA NewsWire / Aaron Francis

Joyce attacks have no basis

All the attacks on Alan Joyce are silly and ‘miss the mark’ by billions of dollars when he should really be getting applause for building and saving Qantas.

Original URL: https://www.themercury.com.au/business/terry-mccrann/page/16