The Fed’s Jerome Powell keeps his cards close to his chest.
AP Photo/Patrick Semansky
The US economy may be in worse shape than it seems.
Why is this man smiling?
AP Photo/Richard Drew
An economist unravels the seeming contradiction between stocks flirting with all-time highs and growing fears of a recession.
Wall Street traders watch as Fed Chair Jerome Powell speaks.
The Fed's decision to cut interest rates for the first time since 2008 could lead to economic policies that are even more reckless.
The latest data is not promising – central banks must react accordingly.
In DC Comics’ world of opposites, a bizarro bond is “guaranteed to lose money”. Today a bizarro bond is not just a fantasy.
In many countries people are now paying more for bonds than they will receive at maturity. These negative interest rates should make it a good time for investment.
Jacqui Lambie with Centre Alliance senators, who threw their support behind the government’s $158 billion income tax cuts, guaranteeing the package will become law.
After a hectic first week for the new parliament, Michelle Grattan speaks with Deep Saini about Jacqui Lambie's role in helping pass the government's tax cuts, and a further cut to interest rates - now 1%.
Jacqui Lambie celebrates the passing of the $158 billion tax cuts with Centre Alliance senators.
The first week of the new parliament ends on a high for the government, with its $158 billion tax cut package passed, and the first stage of tax relief ready to flow in a week or so.
Two cuts in a row, and a good chance of more to come.
The Reserve Bank has cut the official interest rate to a new low of 1%, reflecting continuing concern over the slow economy.
Fed Chair Powell signaled he’s ready to cut rates if necessary.
The Fed is in a tricky position as it signals it may soon cut interest rates to boost the economy, which also risks spurring runaway inflation and even an economic downturn.
Sluggish jobs growth may compel Federal Reserve Board Chair Powell to take action.
The Fed said it's ready to act to 'sustain the expansion.' The latest jobs report suggests it may have to act soon.
Our standard economic model says when labour is scarce, the cost of labour should increase. But something is broken. This is not happening.
We're facing a global economic problem that no one really understands or knows how to fix.
Acting AFP Commissioner Neil Gaughan speaks to the media about the raid on the ABC.
Geoff Crisp speaks with Michelle Grattan about the week in politics.
Reserve Bank Governor Phi;lip Lowe will keep cutting rates until he has forced inflation up and unemployment down.
The Reserve Bank cut interest rates on Tuesday because we weren't spending or pushing up prices at the rate it wanted. On Wednesday we might find things are worse than it thought.
Credit cards sometimes charge exceptionally high interest rates.
The lawmakers have proposed capping interest rates on consumer loans at 15%, but doing so may hurt some of the people it's aiming to protect.
The case for cutting rates is strong, but there’s a stronger case for waiting. The Reserve Bank’s Sydney HQ.
The Reserve Bank has adjusted rates in previous election campaigns, but it needs to have a very, very, good reason.
South Africa’s Finance Minister Tito Mboweni (centre) arrives to deliver the mid-term budget statement to Parliament.
South Africa needs to urgently step up its efforts to drive economic growth by harnassing the power of the state, as well as the markets.
Australia’s unemployment rate is at what would once been regarded as full employment. But that doesn’t mean it can’t fall further.
We should ignore out-of-date and failed theories and test what full employment really means in 2018.
The value of Argentina’s peso has plummeted in recent months.
SC Image / Shutterstock.com
A number of emerging markets are struggling but this doesn't mean they are totally related.
The financial system is awash with money, which is why interest rates have been so low for so long.
It's been 10 years since the U.S. signed into law a scheme to print money, essentially, and save the financial sector amid the sub-prime mortgage meltdown. Did it work? And who's truly benefitted?
Can the RBA do anything to address persistently low inflation?
As with economic growth and wages, the RBA's response seems to involve crossing as many fingers and toes as possible and publicly proclaiming that things are looking good.