The Latest Breaking News from Inflation

Treasurer warns of major economic damage from Iran war

Fresh modelling shows oil price shocks and soaring prices for other commodities will have a lasting impact on Australia's economy.

AAP · Mar 17

New economic projections signal a tricky Federal Reserve path

Inflation is running hotter than expected, even before the Iran war's impact materializes in the data.

Axios · Mar 17

What $5 diesel fuel means for the U.S. economy

The price of diesel fuel creates new inflationary pressure on anything Americans buy that relies on truck transport.

Axios · Mar 17

Record high number of people turned to debt relief orders in February

The Insolvency Service figures for England and Wales showed 4,210 debt relief orders were recorded in February.

Evening Standard · Mar 17

The RBA has made one of its most controversial calls in recent years - and this rate rise may not age well

Michele Bullock says high inflation hurts everyone, but there still seems to be an extraordinary level of complacency about potential fallout from the US-Israel war on Iran

The Guardian - AU · Mar 17

RBA narrowly votes to lift interest rates. The Middle East war may determine if there’s more to come

The Reserve Bank of Australia (RBA) has lifted official interest rates for the second time this year as it struggles to bring inflation under control, saying inflation is “likely to remain above target for some time”.

The Conversation · Mar 17

‘If we have to change tack, we will’: RBA hikes rates but not aiming to put Australia into recession, Bullock says

Reserve Bank of Australia’s second consecutive increase lifts cash rate target to 4.1%, back to where it was in February last year

The Guardian - AU · Mar 17

March Fed Meeting: Updates and Commentary

The March Fed meeting marked the second central bank gathering of 2026, with Fed Chair Powell & Co. voting to keep interest rates unchanged.

Kiplinger · Mar 16

There's an oil price scenario that would bring the US economy to a 'standstill;

Higher-for-longer oil prices would lead to economic spillover effects that are much harder to control.

Fortune · Mar 16

Collateral damage: war threatens to blow up inflation

Domestic pressures were behind the Reserve Bank's decision to hike interest rates, governor Michele Bullock says, although the Iran war will worsen inflation.

AAP · Mar 16