RBA set to hike 25 bps, focus shifts to guidance and August CPI
Markets expect the RBA to lift the cash rate to 4.60% tomorrow, with traders focused on guidance and August CPI for the next move.
Markets expect the RBA to lift the cash rate to 4.60% tomorrow, with traders focused on guidance and August CPI for the next move.
Core inflation held near 3.3% as Trumpflation spread beyond fuel, posing risks to markets.
US diesel prices posted a record annual gain, echoing the 2008 gasoline spike and raising concerns about persistent inflation.
Japan's services producer price index rose 3.7% in August, the fastest annual pace in over two years, driven by freight and leasing costs.
BOJ July minutes show one member pushed for faster hikes as price risks lean higher, with the pace of future moves seen potentially exceeding market…
SNB President Martin Schlegel said Swiss inflation forecasts are near the middle of the target range. The central bank held its rate steady at zero.
Family offices cite inflation as top worry, but 46% increased stock exposure. Crypto sees more planned cuts than additions.
Final September UMich consumer sentiment beat expectations at 48.1, with inflation expectations remaining elevated.
New York Fed President John Williams warned that repeated supply shocks are complicating the fight to bring inflation back to 2%.
GfK German consumer climate index fell to -30.6 in October, well below the expected -27.4, as energy costs weigh on household confidence.
The 30-year mortgage rate rose to 7.45% as Treasury yields surged, putting pressure on Bitcoin and crypto markets.
Oxford Economics' US business-cycle indicator sounds recession alarm, but consumer spending and AI investment remain strong.
Daiwa Securities predicts the Bank of Japan will raise rates again in December 2026, followed by a hike in April 2027, as the BOJ shifts to maintaining…
Fed's Paulson signals another rate hike may be needed; other officials echo hawkish stance.
BOE Deputy Governor Breeden says energy prices may stay elevated, potentially forcing policy response despite limited pass-through.