
Australia's Future Interest Rates: A Potential Rate Cut Still Uncertain
Recent analysis by Bloomberg Economics has suggested that the prospect of an interest rate cut in Australia remains uncertain, defying earlier anticipations that the Reserve Bank of Australia (RBA) would soon reduce rates. While some economic signals may hint at a shift in monetary policy, experts caution against premature conclusions.
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Economic Outlook Dims: Rising Trade Barriers Linked to Debt Burden and Stunted Growth
In a significant shift in the global economic landscape, recent analyses suggest that the increasing trend of protectionist trade policies is leading nations into a spiral of mounting debt and slower economic growth. A new report from Bloomberg Economics underscores the implications of heightened trade barriers on international monetary dynamics, particularly focusing on how they adversely affect both developed and emerging economies.
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Fed's Preferred Price Gauge Projected to Hit 2% Goal by Early 2025
The PCE price index-the Fed's preferred gauge of inflation-is seen hitting the central bank's 2% target in early 2025. Economists at Bloomberg Economics said that the long period of above-target inflation may finally be approaching its end.
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