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AAP

Kat Wong and Jacob Shteyman

US trade war may force all-out assault with rate cuts

Peter Dutton Anthony Albanese United States Australia Donald Trump Jill Sheppard

ANZ economists are predicting three more interest rate cuts by August. (Mick Tsikas/AAP PHOTOS)

US tariffs have wreaked havoc on financial markets but could force the Reserve Bank of Australia to deliver more mortgage relief sooner.

ANZ Bank - until recently the most hawkish of the big four banks - on Friday upped its interest rate cut predictions due to the carnage US President Donald Trump's tariffs are expected to inflict on the global economy.

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Top stories on inkl right now

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

British MP Rupert Lowe has announced plans to end immigration from several developing countries, including Pakistan, Bangladesh, Afghanistan, Somalia and Iran, under his Restore Britain party's proposed policies. Speaking at the party's October 3 conference, Lowe said, “Immigration into Britain from the Third World will end entirely.”

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‘A racist terror attack’: Emmanuel Macron condemns deadly shooting near Paris

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

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