Former treasurer Peter Costello criticises both Labor and Coalition over their economic management The former Liberal treasurer has some harsh words for governments past and present. ABC News · Dec 4, 2022
EXPLAINER: 5 key takeaways from the November jobs report For nearly nine months, the Federal Reserve has relentlessly raised interest rates to try to slow the U.S. job market and bring inflation under control The Independent UK · Dec 2, 2022
When is the next UK interest rate announcement and will they go down in 2024? Interest rate announcements affect millions of homeowners with variable-rate mortgages Evening Standard · Dec 2, 2022
Hot US job market a challenge for Fed WASHINGTON: US employers added more jobs than forecast in November and wages surged by the most in nearly a year, pointing to enduring inflationary pressures that boost chances of higher interest rates from the Federal Reserve. Bangkok Post · Dec 2, 2022
US hiring and wages extend strong gains, keeping pressure on Fed U.S. employers added more jobs than forecast and wages surged by the most in nearly a year, pointing to enduring inflation pressures that boost chances of higher interest rates from the Federal Reserve. Tribune News Service · Dec 2, 2022
The U.S. gained 263,000 jobs last month. It's good news for workers, but not the Fed Hiring slowed slightly in November amid rising interest rates. But the U.S. job market remains unusually tight. Employers added 263,000 jobs in November while unemployment held steady at 3.7%. WEKU · Dec 2, 2022
Nine DWP money changes in December including Christmas bonus and £300 cash There are several changes and payments some people could see between now and Christmas Wales Online · Dec 2, 2022
Let’s not pretend the mini-budget is the sole cause of falling house prices Script was set when interest rates started rising 11 months ago and slump has some way to go The Guardian - UK · Dec 1, 2022
Is now the right time for your business to buy real estate? Predictions of a recession combined with high interest rates and inflation make it a daunting time to enter the real estate market The Independent UK · Dec 1, 2022
An inflation gauge tracked by the Fed slows to still-high 6% A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fed’s intent to keep raising interest rates to cool the economy and slow the acceleration of prices The Independent UK · Dec 1, 2022
All I want for Christmas is lower inflation City Voices: The Bank of England should be able to stop increasing interest rates next year Evening Standard · Dec 1, 2022
UK house prices fall at fastest pace since 2020 amid fallout from mini-budget Nationwide warns inflation and rising interest rates will weigh down housing market The Guardian - UK · Dec 1, 2022
DWP - 9 money changes in December including Christmas bonus and £300 cost of living cash Every date you need to know Nottingham Post · Dec 1, 2022
Fed will work to reduce inflation 'until the job is done': Board governor DETROIT — Lisa Cook, a member of the Federal Reserve Board of Governors, said the Federal Reserve will continue to work to bring down inflation "until the job is done," which includes increasing interest rates. Tribune News Service · Nov 30, 2022
ABC News · Nov 30, 2022 Australian house prices fall seven months in a row but pace of decline slows National house prices have fallen in November but the pace of decline has slowed as low stock levels persist and buyers push ahead with purchasing despite rising interest rates.
Al Jazeera · Nov 30, 2022 India GDP halves in September quarter as COVID distortions fade Economists warned that growth momentum may ease in the December quarter due to higher interest rates, slowing exports.
The Guardian - AU · Nov 30, 2022 Inflation may now have peaked. The RBA must tread carefully The next worry for Philip Lowe is he’ll have to apologise for raising interest rates longer than needed
The Conversation · Nov 30, 2022 Coastal property prices and climate risks are both soaring. We must pull our heads out of the sand Australians’ well-documented affinity with the sun, surf and sand continues to fuel coastal property market growth. This growth defies rising interest rates and growing evidence of the impacts of climate change on people living in vulnerable coastal locations.
ABC News · Nov 28, 2022 Will house prices go up in 2023? The answer largely depends on interest rates Australian house prices are forecast to rise in several states if economic conditions are favourable, according to a new report from SQM Research.
The Guardian - AU · Nov 28, 2022 Philip Lowe is the easy fall guy for our economic woes. But maybe we should have listened to him more closely Reserve Bank governor has been criticised for saying interest rates might not rise until 2024. But that message came with caveats some did not hear
ABC News · Nov 28, 2022 RBA Governor Philip Lowe apologises to Australians struggling with mortgages Reserve Bank Governor Philip Lowe has apologised to Australians for giving them unclear guidance that led to hundreds of thousands taking out big mortgages in the expectation that interest rates would stay low until 2024.
Wales Online · Nov 27, 2022 Savers told to be flexible and consider switching savings accounts As interest rates continue to climb, consumers need to shop around and find the best deals
The Guardian - UK · Nov 27, 2022 High-rise mortgage costs see surge in rents across the UK House prices may be falling as interest rates climb, but there’s no respite for tenants as property shortages bite
The Guardian - AU · Nov 26, 2022 Conflict of interest: have low cash rates created the ‘everything bubble’? In new book The Price of Time, economist Edward Chancellor explores the role central banks have played in the snowballing challenges of the past quarter century
Bangkok Post · Nov 25, 2022 Look to emerging markets in transitional year We believe 2023 will be a transitional year, the next stage following the "low-rates, low-growth" years of 2010-19 and the "Covid years" of 2020-22, where the pandemic led to a global lockdown, massive fiscal spending, skyrocketing debt and the great reflation.