We have to stop this insanity. As things stand, the main policy lever available to the RBA is interest rates, and with inflation surging that's why it's been lifting rates aggressively. "For a broader effort in slowing economic growth, more heavy lifting would need to come from fiscal policy, though so far it's been missing in action," he said. If …
NEW DELHI : With the global decline in commodity prices in the last few weeks, domestic inflation rates have begun to ease as well. As the authors of a recent Reserve Bank of India paper note: “The covid-19 pandemic has delivered the biggest and broadest shock to global value chains in living memory, putting at risk trade in intermediate goods …
There’s more inflation coming. Russia-Ukraine war will lift inflation: RBA Photo shows groceries Reserve Bank governor Philip Lowe says the Russia-Ukraine war could change everything and send prices soaring once again. However, the governor of Australia's Reserve Bank, Philip Lowe, says soaring commodity prices will send a new wave of inflation across the globe. So, to prevent that occurring, some …
Crude oil is considered to be one of the important commodities. Moreover, both demand shock and supply shock to crude oil have a comparable influence on sectoral stock market indices. We found that the impact of crude oil demand and supply shock on sectoral stock indices does not change to bullish, bearish, or normal market states. The energy sector seems …
