Can the Reserve Bank swim against the global rising tide of interest rates?
There are arguments for and against an interest rate rise in September but there are some very real ways Australia's economy is different to the United States.
Can the Reserve Bank swim against the global rising tide of interest rates?
There are arguments for and against an interest rate rise in September but there are some very real ways Australia's economy is different to the United States.
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.
7 reports4 sourcesSimilarity 0.52
Bank of England set to defy Fed’s rate-hike lead, despite rising inflation
The Bank of England is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs keep pressure on prices. Grouped from 7 articles across 4 sources.
ABC Australia, CNBC, The Globe and Mail +1
1 report1 sourceSimilarity 0.40
Poll shows rising trust in global institutions, less comfort with US as global leader
Nearly 70 per cent of respondents said the world had become worse over the past year.
The Straits Times
6 reports5 sourcesSimilarity 0.39
US interest rates raised for first time in three years
Rates were hiked in a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut. Grouped from 6 articles across 5 sources.
Al Jazeera, BBC News, CNBC +2
2 reports2 sourcesSimilarity 0.39
Live: RBA more likely to raise rates as US Federal Reserve lifts to 4pc
Markets are pricing in a nearly 90 per cent chance of Australia's reserve bank lifting interest rates in September following the US Federal Reserve's decision to hike rates. Grouped from 2 articles across 2 sources.
ABC Australia, ABC News
1 report1 sourceSimilarity 0.38
US rate rise jolts yen ahead of Bank of Japan meeting
Fed increase adds to pressure on central bank to tighten monetary policy
Financial Times
1 report1 sourceSimilarity 0.38
Trump says he still has confidence in Fed Chair Warsh, demands 1% or lower interest rates
President Donald Trump previously threatened to cut off trade with countries that have trade surpluses with the U.S. if the Fed doesn't cut interest rates.
CNBC