Inflation
Finance
Australia now owns one of the rich world's worst inflation problems
Australia's trimmed mean inflation now outpaces the US, UK, euro area, Canada and Japan. Economists say the RBA moved too late. All eyes on August 11.
Japan
Japan Warns of 'Decisive' Yen Defense as Dollar Hits 160
Tokyo signals readiness to intervene in currency and oil markets as Middle East war drives yen to weakest level since July 2024
Federal Reserve
Markets Price 52% Chance Fed Will Raise Rates on Inflation Surge
Futures markets cross 50% threshold for first time as oil hits $110 and import costs surge 1.3%