The Latest Breaking News from Inflation

Afternoon Update: RBA governor suggests more share houses; inflation rises; and vapour blasts from a Saturn moon

Underlying inflation and price pressures easing, shrinking the likelihood of another RBA rate hike on Tuesday

The Guardian - AU · May 31, 2023

BoT raises key rate another quarter-point

The Bank of Thailand on Wednesday raised its key interest rate by 25 basis points for a sixth consecutive meeting, citing the need to curb inflation risks as the economic recovery gathers strength against rising global uncertainties.

Bangkok Post · May 31, 2023

Food price cap may be on the way as Rishi Sunak puts pressure on supermarkets

The intervention would be the biggest attempt to manage supermarket prices since Ted Heath set up price controls in 1973

Chronicle Live · May 31, 2023

Australia’s inflation rate rose to 6.8% in April driven by energy prices but price pressures eased

Underlying inflation dropped to 6.5% in April from 6.9% in March, reducing the chances of another Reserve Bank rate rise in June

The Guardian - AU · May 31, 2023

Philip Lowe ‘appalled’ by PwC scandal but says firm will continue to audit Reserve Bank

At an estimates hearing on Wednesday, RBA governor also repeats the bank’s commitment to raising interest rates to reduce inflation

The Guardian - AU · May 31, 2023

4 June Dates to Settle Bull/Bear Debate

The bull/bear debate may finally get resolved in June by focusing on 4 key events on the economic calendar in June. Steve Reitmeister shares his views on what happens next and why the S&P 500 (SPY retreating to October lows, or lower, is the most likely outcome. Get full details…

StockNews.com · May 30, 2023

Queensland LNP criticised for ‘failure of leadership’ on voice – as it happened

This blog is now closed.

The Guardian - AU · May 30, 2023

Nationals leader defends use of consultants, police search for gunmen after Florida shooting, and hundreds flock to see dead nun — as it happened

This is The Loop, your quick catch-up for this morning's stories as they happened.

ABC News · May 30, 2023

Why Australian households are divided when it comes to financial pressure, and economists are divided on the outlook

Economists are divided on how well households will weather the storm of rent rises, soaring home loan rates and rising prices, just as Australians are divided in how much financial pressure they're under.

ABC News · May 30, 2023

Bank rate raised by 1 PC to curb inflation

Fifty years ago, the Reserve Bank of India announced an unprecedented increase in the bank rate from six to seven per cent in a massive effort to curb inflation

The Hindu · May 30, 2023