U.S. President Joe Biden and Donald Trump participate in the CNN Presidential Debate on June 27, 2024.
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Scholars of communication and politics assess a presidential debate with a clear loser, but no clear winner.
Setting off fireworks at home looks like a pandemic trend in retrospect.
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Setting off fireworks at home was as much a pandemic trend as buying a Peloton.
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The newer, more frequent monthly measure of inflation is moving further away from the Reserve Bank’s target band.
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Interest rates and inflation are lower than expected this time last year. The next set of predictions is likely to be brighter still.
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The government has accepted all the recommendations in the final report of an inquiry done by a former Labor minister Craig Emerson.
A man displays Nigeria’s flag during a protest march in Abuja in 2023.
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Government’s decision to change the national anthem has generated debate among Nigerians. Some see it as an attempt to distract attention from harsh economic realities.
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The Reserve Bank will keep rates high until it sees clear evidence inflation is heading back toward its target band. It’s really that simple.
Ghana’s economic crisis has led to protests in the country.
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Ghana’s central bank has faced criticism for its role in the country’s economic crisis.
Donald Trump appointed Jerome Powell as chair of the Federal Reserve. If returned to the White House, he may seek to replace him.
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Monetary policy can be wielded as a tool to boost an economy around election time, which explains why politicians want to have a say on it.
U.S. Federal Reserve Chair Jerome Powell speaks to reporters on June 12, 2024.
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The Federal Reserve is being characteristically cautious.
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Increases in award wages do very little to boost Australia’s total wage bill, and even less to boost inflation.
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Dental assistants, community services workers, pharmacists and psychologists are in line for biggger increases down the track.
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Spikes in inflation are often blamed on government borrowing to deliver cash handouts. But it’s more complicated than that. The real issue lies in borrowing without a plan to balance the books.
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The tax cut will be worth $52.60 per fortnight for an Australian on the median wage. Next Monday’s pay rise might be worth another $65.50.
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Only one-third of the top economists surveyed give Jim Chalmers’ third budget an A or a B, down from two-thirds in 2023. Many say it left big issues unaddressed.
UK workers may begin to notice their pay going further if wage growth can outpace inflation.
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UK inflation fell to 2.3% in the year to April – but it doesn’t necessarily mean the squeeze on household finances is to end.
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Both should work hand in hand to ensure the best outcomes for the economy as a whole. But they operate quite differently.
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In normal times, a boost in government spending would boost inflation. The budget papers show these are not normal times.
Headline inflation is cooling, too.
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Investors, homebuyers and central bankers all have reason to be irritated by the latest data, and inflation isn’t licked just yet. But the numbers also show reason for optimism.
Discounters have long copied more established brands – but now it’s working the other way too.
Tesco
Branding experts have long used visual cues to communicate with consumers – but the rising cost of living is changing the nature of their messaging.