RBA: Housing crisis driven by supply shortage, not rates
Reserve Bank Governor Michele Bullock challenges critics, arguing Australia's housing affordability crisis stems from chronic undersupply rather than monetary policy decisions.
Reserve Bank Governor Michele Bullock challenges critics, arguing Australia's housing affordability crisis stems from chronic undersupply rather than monetary policy decisions.
As gold surges past $4,000, Bitcoin breaks $100,000 and global stock markets reach unprecedented levels, experts point to a worrying economic phenomenon driving this simultaneous boom.
Exclusive: Former Bank of England policymaker reveals institution is 'failing to grasp' the severity of food price inflation, drawing parallels to Alan Greenspan's historic errors in monetary policy.
Major stock markets worldwide experienced significant gains as technology shares led the charge and the Bank of Japan maintained its current monetary policy, sparking investor optimism across global financial hubs.
Bank of England Governor Andrew Bailey cautions that falling inflation doesn't automatically mean imminent interest rate cuts, signalling continued economic pressure for UK households and businesses.
The Japanese yen crashes to its weakest level in decades while the Nikkei hits record highs following Sanae Takaichi's election victory. Gold continues its spectacular rally, nearing the $4,000 milestone as global markets react to Japan's political shift.
Exclusive: Tensions rise as Bank Governor warns Chancellor against political interference in interest rate decisions, highlighting ongoing economic policy clashes.
Former President Donald Trump's unprecedented pressure campaign on the Federal Reserve draws alarming parallels to Richard Nixon's 1970s interference, raising fears of political independence erosion and economic instability.
The Reserve Bank of Australia appears poised to pause interest rate cuts, signalling confidence in the economy despite contradictory data. Analysis suggests the RBA believes current conditions are stronger than indicators show.
The US Supreme Court has rejected an appeal challenging the appointment of Federal Reserve Governor Lisa Cook, dealing a significant setback to conservative groups and securing her position on the powerful board.
Bank of England Governor Andrew Bailey cautions against hasty interest rate reductions, warning that inflation pressures remain persistent despite recent declines.
The Reserve Bank of Australia has maintained its current interest rate stance, opting for caution amid economic uncertainty despite political tensions. Analysis reveals the central bank's delicate balancing act between inflation concerns and economic grow
Keir Starmer's government faces growing discontent as tough fiscal policies and immigration crackdowns threaten to erode traditional Labour support base. Analysis reveals potential political consequences.
Federal Reserve Chairman Jerome Powell's firm indication that US interest rates will remain high for longer has triggered a sharp sell-off across Asian financial markets, with Tokyo's Nikkei leading the declines.
Federal Reserve Chair Jerome Powell delivers unprecedented testimony, defending the central bank's autonomy amid mounting political pressure from the Trump White House over interest rate policy.
Governor Andrew Powell cautions that new trade barriers risk triggering a sharp rise in UK unemployment, urging a measured approach to economic policy.
Former President Donald Trump's controversial nominee Stephen Miran faces congressional questioning over claims he attempted to influence Federal Reserve policy on interest rates during his tenure.
As the UK's political parties clash over climate targets, experts warn both Labour and the Coalition are failing to match the urgency of the climate emergency with genuinely ambitious emissions reduction plans.
Exclusive: In a potential shake-up for Japan's political and economic landscape, former Defence Minister Shigeru Ishiba is reportedly considering a leadership challenge. His candidacy could directly threaten the Bank of Japan's longstanding ultra-loose mo
Exclusive insight into the Bank of England's quantitative tightening programme. Discover how this silent financial revolution is impacting the national debt, your mortgage, and the UK's economic future.
Federal Reserve Chairman Jerome Powell signals a prolonged period of high interest rates, sending tremors through Wall Street as he demands more evidence of cooling inflation, despite a softening job market.
The Bank of England's Monetary Policy Committee votes 6-3 to maintain interest rates at 5.25%, while scaling back its bond-selling programme. This decision offers little respite for Chancellor Rachel Reeves ahead of her crucial autumn budget.
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates as inflation shows signs of easing, though Governor Andrew Bailey remains cautious about future cuts.
The Bank of England has maintained interest rates at 5.25% for the seventh consecutive meeting. Discover how this decision impacts mortgages, savings, and the UK's economic outlook amidst ongoing inflation concerns.
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates as inflation remains stubbornly above target, despite economic slowdown signals.
The Home Office has confirmed the first removal of an asylum seeker to France under a new reciprocal agreement, sparking immediate backlash from charities who label the scheme 'inhumane and unworkable'.
A UK school faces backlash after a student was allegedly placed in isolation for wearing the wrong skirt, sparking a heated debate on uniform policies and student rights.
A coalition of over 150 UK organisations is urging the government to scrap the policy that gives refugees just 28 days to find housing after gaining status, calling it a 'recipe for homelessness'.
The Bank of England maintains interest rates at 5.25% while accelerating its quantitative tightening programme. Governor Andrew Bailey signals cautious approach amid economic uncertainty.