The Reserve Bank of Australia announces its policy decision on Tuesday at 04:30 GMT. Australia’s currency was on the verge of collapsing Thursday owing to fears of an impending European financial crisis and a weakening in China’s economy. Even if the domestic economy is strong, it’s difficult to imagine the RBA will hike rates recklessly […]
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With the looming tariffs and trade policy changes proposed by U.S. President Donald Trump, many businesses have growing concerns regarding how these uncertainties may affect their future financial health. As the Trump administration states, Read more…
BoE Monetary Policy Committee member Megan Greene stated today that the US tariffs pose “more of a disinflationary risk than an inflationary risk” for the UK. However, she emphasized that domestic factors also remain a Read more…