The Latest Breaking News from Inflation

New RBA governor says she’s working with treasury to ‘modernise and clarify’ the bank’s objectives with the focus still on inflation

Asian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

Inflation very gradually easing but many households still struggling

The Reserve Bank "won't hesitate" to raise interest rates further if inflation forecasts come in higher than expected, the central bank's governor says.

“The economy is slowing faster than recent data suggests,” Ackman warned in a Monday post on X, formerly Twitter.

The inverted yield curve has predicted nearly every recession in the past few decades. It’s been inverted since last year but where is the downturn?

Business & investing: The NZX50 has fallen 19.5 percent since January 2021, meaning it is likely to be grizzly this week. Andrew Patterson reports.

The yield on the 10-year Treasury has reached 5% for the first time since 2007

India to remain fastest-growing major economy in FY24; domestic macro fundamentals strong, global headwinds and weather uncertainties pose downside risks. India's outlook bolstered by strong domestic fundamentals, investment demand, industrial growth, reservoir levels and forex reserves.

December S&P 500 futures (ESZ23) are down -0.76%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.92% this morning as the benchmark U.S. 10-year yield hit 5% for the first time since 2007 while market participants geared up for earnings reports from some of the biggest tech heavyweights as…