Contact

Category: Elevated

  • RBA Holds Rates Steady, Staying Hawkish on Elevated Inflation Risks

    •

    Investor Empires

    As expected, RBA The Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. In November. The Reserve Bank of Australia acknowledged that headline inflation has fallen sharply due to lower fuel and energy prices, but warned it could rise again as the cost of living declines. Core inflation,…

  • RBA Holds Rates Steady, Staying Hawkish on Elevated Inflation Risks

    •

    Investor Empires

    As expected, RBA The Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. In November. The Reserve Bank of Australia acknowledged that headline inflation has fallen sharply due to lower fuel and energy prices, but warned it could rise again as the cost of living declines. Core inflation,…

  • Australia’s Elevated Inflation Backs Tight RBA Policy Stance

    •

    Investor Empires

    Breadcrumb links BMN Business Core inflation in Australia remained high in the latest quarter, reinforcing the Reserve Bank’s view that price pressures will take time to dissipate and that monetary policy should remain restrained for the time being. Article writer: Bloomberg News Swati Pandey Posted on October 29, 2024 •…

  • Walmart recalls apple juice sold in 25 states due to elevated arsenic levels

    •

    Investor Empires

    Walmart has recalled nearly 10,000 cases of apple juice sold in stores across the United States that were found to contain potentially harmful levels of inorganic arsenic. The FDA gave the recall a more urgent designation on Friday after originally announcing it on Aug. 15. The new designation said the…

  • Dollar to remain elevated in spite of rate cuts By Investing.com

    •

    Investor Empires

    Despite expectations of a significant rate cut by the Federal Reserve in 2024 and 2025, analysts at Wells Fargo Investment Institute expect the US dollar to remain high. Analysts cited the reasons behind the forecast in a note dated Monday, focusing on interest rate differentials, global economic conditions, and the…

  • U.K. CPI Rate Held Steady in June but Services Price Growth Rate Remains Elevated

    •

    Investor Empires

    As widely expected, UK annual inflation has decided to take a breather this summer, with the consumer price index (CPI) growth rate remaining unchanged at 2.0% year-on-year in June 2024, according to the latest figures from the Office for National Statistics. Link to UK Consumer Price Inflation: June 2024 the…