When will Fed Chair Jerome Powell lower the curtains on the inflation battle?
AP Photo/Alex Brandon
The central bank is ‘really in risk management mode,’ its chairman said.
The price of used cars has soared during the pandemic.
AP Photo/Matt Rourke
Higher interest rates reduce demand for goods and services, which makes it harder for companies to raise prices. But there are risks as well.
New Fed chair Jerome Powell has some tough choices ahead.
AAP
The data shows a tricky balancing act for policy makers. Interest rates will need to rise but too quickly could squash the recovery.
The Australian Bureau of Statistics has changed what goes into its inflation calculation.
AAP
Weak Australian inflation and housing credit data mean the Reserve Bank is unlikely to move on interest rates.