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Danger zone: why war in the Middle East has landed the RBA’s inflation fight in tricky territory
المصدر: World news | The Guardian · نُشر

The Reserve Bank appears ready to push harder against inflation but it comes with a greater risk for the economy The fight against inflation has entered a new, more dangerous phase. For years, the Reserve Bank has been attempting, as gently as possible, to steer inflation back to
The Reserve Bank appears ready to push harder against inflation but it comes with a greater risk for the economy The fight against inflation has entered a new, more dangerous phase. For years, the Reserve Bank has been attempting, as gently as possible, to steer inflation back to its 2.5% target while trying to retain as many of the post-pandemic job gains as possible. Continue reading...
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RBA interest rates: governor Michele Bullock explains decision to lift cash rate to 4.6% – video
The Reserve Bank of Australia has raised its key interest rate to 4.6%, its highest level since 2011. RBA governor Michele Bullock says the global AI boom has 'driven significant price rises' and is contributing to demand in the Australian economy. In a statement accompanying the
Business | The Guardian ·

As the U.S. signals a smaller Middle East footprint, Turkey is ready to step in
Turkey's bid for regional influence comes at a time when the Middle East has been hit by profound shocks that started with the Hamas-led 2023 attack on Israel, and continues with the stalemated, seven-month-old war on Iran. (Image credit: Seth Wenig)
NPR Topics: World ·
Israel’s West Bank road closures turn routine journeys into long ordeals
Palestinians face delayed medical care and long journeys as Israel tightens movement restrictions across the West Bank.
Al Jazeera – Breaking News, World News and Video from Al Jazeera ·
Amid changing dynamics in the Middle East, Turkey seeks to emerge as a leader
Turkey's attempts at expanding its Middle East footprint has put it in a position of power, coming head-to-head with Israel.
NPR Topics: World ·

UK mortgage approvals lowest since December 2023; diesel hits new record high near £2 a litre – business live
Rolling coverage of the latest economic and financial news Newsflash: the number of mortgages approved by UK lenders has fallen to its lowest level since the end of 2023. Just 54,918 new home loans were approved in August on a seasonally-adjusted basis, new Bank of England data s
Business | The Guardian ·