The Federal Reserve is expected to lift interest rates a half point at its next meeting and more in the coming months, but it may be too late to forestall an economic downturn.
In the face of rising food prices in Nigeria, many salary earners have had to change the quality of foodstuff they buy or opt for cheaper alternatives.
Philip Lowe mightn’t be a household name but the Reserve Bank governor finds himself catapulted right into the centre of this election campaign, in which events are proving more important than policies.
University of Canberra Professional Fellow Michelle Grattan and University of Canberra Associate Professor Caroline Fisher discuss the week in politics
Politics with Michelle Grattan: Economist Saul Eslake on why Reserve Bank needs to raise rates next week
Michelle Grattan speaks with independent economist Saul Eslake on whether the reserve bank will next week raise interest rates for the first time in an election campaign for the first time since 2007
Peter Martin, Crawford School of Public Policy, Australian National University
Two key economic indicators are the key to predicting most of the past 120 years of federal elections results – including ones the polls have famously got wrong.
While the country’s Central Bank may have managed to offset some of the tougher sanctions, the West’s economic broadside has caused long-term damage to “Fortress Russia”.
Garret Martin, American University School of International Service
For the second time running, it is looking like the French presidential election will go to a runoff between centralist Emmanuel Macron and far-right Marine Le Pen.