Risk assets rallied in August and government bond yields fell as key central banks indicated that supporting growth is vying with the need to go the last mile battening down inflation to their various targets. Australia’s RBA remained an odd-man-out still toying with...
Economic data released in August show soft global economic growth and again patchy progress reducing inflation. Key major central banks, including the US Federal Reserve, are indicating that the focus of monetary policy has or is about to shift towards limiting damage...
Key labour market data released last week show more buoyant conditions than in July last year, notwithstanding a small lift in the unemployment rate to 4.2% in July. The strength of the labour market adds to reasons why the RBA cannot begin to reduce the cash rate in...