Rising oil price and inflation fears make rate hike likely
A war in Iran has led to a cost-of-living spike in Australia and as petrol prices rise, interest rates are likely to be next.
Rising oil price and inflation fears make rate hike likely
A war in Iran has led to a cost-of-living spike in Australia and as petrol prices rise, interest rates are likely to be next.
FilterABC Australia
Clustered coverageABC Australia
Coverage timeline1
Coverage timeline
Coverage timeline
Ranked reports inside the event cluster. Open any publisher link to read the original coverage.
Related events
Related events
Nearby clusters pulled from title, summary, and keyword similarity in PostgreSQL.
1 report1 sourceSimilarity 0.44
No recession but inflation hike and increased cost-of-living pressure on the way, Jim Chalmers says
Economists predict RBA will raise interest rates this week and in May – days before treasurer unveils budget Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news…
The Guardian
1 report1 sourceSimilarity 0.41
Joyce regrets not doing more to shore up fuel supplies, amid inflation fears
One Nation MP Barnaby Joyce says he regrets not doing more when he was in government to secure fuel reserves, as Australia grapples with supply shortages triggered by war in the Middle East.
ABC Australia
4 reports4 sourcesSimilarity 0.40
Oil prices keep rising as Trump seeks coalition to reopen Strait of Hormuz
Brent crude tops $106 a barrel as markets see no end in sight to the halt of traffic through the critical waterway. Grouped from 4 articles across 4 sources.
Al Jazeera, CBS News, Financial Times +1
1 report1 sourceSimilarity 0.40
Use the stairs, work from home: Asia is already making big changes as oil prices spike
The fallout of the U.S.-Israel strikes on Iran and the subsequent effective closure of the Strait of Hormuz has reached Asia with authorities from New Delhi to Manila implementing emergency measures to shield consumers…
NBC News
1 report1 sourceSimilarity 0.39
Oil prices jump nearly 3% as markets open for trading
Traders bet continued shutdown of Strait of Hormuz will constrict global supplies
Financial Times
1 report1 sourceSimilarity 0.37
Surge in Oil Prices Shakes Pakistan’s Already Fragile Economy
Families preparing for Eid al-Fitr and farmers ready for harvest are being squeezed in a country that gets nearly all its oil through the Persian Gulf.
New York Times