Under pressure from opponents after another interest rate hike and more bad inflation news, the last thing Anthony Albanese needed was free advice from his own side. #federal #parliament #government #state #issues #inflation #interest #rates

Under pressure from opponents after another interest rate hike and more bad inflation news, the last thing Anthony Albanese needed was free advice from his own side. #federal #parliament #government #state #issues #inflation #interest #rates
"The RBA Board delivered. Thank you for making me and my comfortable peers richer, boosting my unearned income so I can continue to splash the cash around."
@michaelpascoe01.bsky.social
#auspol #rates
michaelwest.com.au/a-blunt-tool...
#Rates Spark: Gilts Too Distracted For Good News
Yields are tightening the screws: 10Y hit 5.29%; 30Y reached 5.6%–5.62%, raising discount-rate and borrowing-cost pressure on equities and housing.
Watch PCE and Friday payrolls; 10Y resistance 5.30%, support 5.03%.
#Treasuries #Rates
News figures show annual headline inflation jumped to 4 per cent in August, up from 3.5 per cent in July. #inflation #economic #trends #indicators #monetary #policy #interest #rates
Why is Australia stuck in an inflation problem that has sent interest rates to 15-year highs? #interest #rates #monetary #policy #inflation #cost #of #living #consumer #confidence