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Interest rates

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Fed chairman Jerome Powell has been reluctant to speculate about how Donald Trump’s policies might affect the central bank’s decisions.

‘Afraid of his own shadow’: The split that could finally take down Trump’s old enemy

US Fed chair Jerome Powell has been fighting to hold on to his job since Donald Trump returned to the White House. It just got a lot harder.

  • Stephen Bartholomeusz

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War in the Middle East may lead to higher petrol prices at the pump.

Oil prices have jumped. Do you need to run to the petrol station?

There’s no crisis in oil markets yet, but your bill at the bowser might creep up.

  • Millie Muroi
The only certainty is things are uncertain: Federal Reserve Board chair Jerome Powell.

The Fed continues to watch and wait for Trump’s tariffs to bite

The US central bank has kept interest rates on hold as Trump’s tariffs and their potential fallout leave its members as confused as everyone else.

  • Stephen Bartholomeusz
Aaron Christie-David, the managing director of Atelier Wealth Mortgage Brokers, said first home buyers are sitting on the sidelines.

FOMO has hit the housing market, and it’s just the beginning

House prices are on the move and buyers have a sense of urgency – some would say panic – to get in before they are priced out.

  • Elizabeth Knight
The impounded Iranian crude oil tanker, Grace 1, is silhouetted as it sits anchored off the coast of Gibraltar. Australia will join a US-led coalition to protect shipping in the Straits of Hormuz.

The ticking time bomb facing the global economy

It is arguably the most important choke point in the global energy supply chain and is under threat from the Middle East conflict.

  • Stephen Bartholomeusz
Banks have cut some interest rates on savings accounts by more than the moves in the cash rate.

How banks are muddying the waters for savers as interest rates fall

In the past, lenders have fiddled with mortgage rates to prop up the bottom line. These days, analysts say they will look elsewhere.

  • Clancy Yeates
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Jim Chalmers and Michele Bullock are poised to end more than a century of secrecy over Reserve Bank divisions on interest rate settings.

A century of secrecy coming to an end for Reserve Bank

Since its inception, divisions within the Reserve Bank over the direction of interest rates have been secret. That is about to come to an end.

  • Shane Wright
Trump

We are about to find out the cost of the Trump chaos

Donald Trump hailed the latest US inflation data as “great numbers” and called for an interest rate cut. But he is celebrating far too early.

  • Stephen Bartholomeusz
US Treasury Secretary Scott Bessent (left) is touted as a possible successor for Fed chair Jerome Powell (right).

Trump’s Treasury Secretary emerges as contender to run the Fed

A growing chorus of advisers inside and outside the Trump administration are pushing for Scott Bessent to replace Jerome Powell as the next chair of the Federal Reserve.

  • Saleha Mohsin, Nancy Cook and Joshua Green
While the average home value in NSW remains the highest at $1.25 million, Queensland has overtaken the ACT.

Average Australian home value passes record $1 million

Despite growth in the number of residential homes and a slowdown in price growth, the value of Australian homes across all states climbed in the first three months of the year.

  • Millie Muroi and Shane Wright

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