A bad interest rate can make your new car a lot more costly.
AP Photo/Carlos Osorio
Most of us bargain hunt when shopping for a new blouse or pair of blue jeans, yet for some reason we don't with interest rates, potentially costing us thousands of dollars.
An ice sculpture titled ‘Main Street Meltdown’ melts near Wall Street.
AP Photo/Frank Franklin II
The collapse of an obscure corner of the financial market a decade ago foreshadowed the Great Recession. The stock-market swoon in February should offer a similar warning.
Longer-term interest rates influence households’ and businesses’ spending and investment plans.
While the RBA might not be able to influence the current cash rate, it can still influence longer-term rates by offering guidance about its future policy decisions.
Construction of apartments will be a key thing to watch in 2018.
Statements from the RBA show it's little wonder markets are not predicting a rate increase this year.
New Fed chair Jerome Powell has some tough choices ahead.
The data shows a tricky balancing act for policy makers. Interest rates will need to rise but too quickly could squash the recovery.
It’s hard to get a fix on where Australia’s economy is headed.
Housing and wages loom as stubborn problems that could bring our economy unstuck in the year ahead.
Outlook not so great?
Business conditions aren't translating to confidence, despite growing profits and jobs.
This man may soon be the world’s ‘second-most-powerful person.’
AP Photo/Andrew Harnik
The chair of the Federal Reserve is often considered the world's 'second-most-powerful person.' So who is Jerome Powell and why does it matter that he may soon head the Fed?
Adrian Dennis/PA Wire/PA Images
The Bank of England faces a tricky trade-off of curbing inflation while maintaining financial stability.
Australian Treasurer Scott Morrison likes to remind us of the economic achievements of the past.
Repeatedly boasting about the past won't distract from the fact Australia's economy is looking shaky.
The Jackson Hole Mountain Resort serves as the backdrop for an annual meeting of economic heavyweights.
The annual meeting of central bankers and economics professors in Wyoming is a chance for some to send a message on the path of monetary policy.
What if we’re just not as predictable as we used to be?
Image sourced from shutterstock.com
The slew of numbers across various major economies this week continue to suggest a mixed picture.
Inflation has been doggedly low, so it’s not clear that the 2.5% expectation for inflation is going to turn out to be right.
This week's strong growth in full-time employment shows a robust labour market. This only deepens the puzzle of why inflation is so low at the same time.
Fed Chair Janet Yellen heads one of the most powerful financial institutions in the world.
Randal Quarles, the president's first nominee to the Federal Reserve's board of governors, has argued the bank should use rules to make decisions. But could such a shift prove disastrous in a crisis?
The prevailing mandate of the South African Reserve Bank is informed by sound economics and the need to protect the institution from the whims of politicians.
Fed Chair Janet Yellen speaks at a press conference following the rate-hike decision.
AP Photo/Susan Walsh
The Federal Reserve lifted rates for the second time this year and expects to do so once more, suggesting it's fairly confident the economic recovery will continue. Is it overconfident?
Treasurer Scott Morrison called a press conference this week to comment on March-quarter GDP figures.
Treasurer Scott Morrison says Australia will "grow into growth". Global economic conditions suggest otherwise.
House prices in Sydney and Melbourne are cooling, housing approvals are up, and everyone's wondering if Australian banks have been lending too much.
Is the Australian economy ‘the little engine that could’?
Some seem to think the RBA is bullish on growth, but reading between the lines it seems to be hedging.
There’s been quite a bit of speculation over whether Australia has a property market bubble - where house prices are over-inflated compared to a benchmark - and when it might burst. According to housing…