Over recent months several major central banks around the world have started to cut official interest rates and this week the US Federal Reserve looks set to join the group. None of the central banks cutting official rates have brought inflation down to their...
Australian economic growth has slowed through the first half of 2024 to 1.0% y-o-y from 1.6% y-o-y in the second half of 2023 and 3.7% y-o-y in the first half of 2023. At face value, that is the order of growth slowdown that could ease inflation and allow the RBA to...