In her recent address at the Chief Executive Women annual dinner in Melbourne, Reserve Bank of Australia (RBA) Governor Michele Bullock spoke about the anticipated challenges following the recent imposition …
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- Politics
US Stocks Experience Volatility Amidst Increased Bond Stress Following Tariff Escalation
by adminThe US stock market is experiencing tumultuous trading conditions, influenced by escalating trade tensions initiated by President Donald Trump. Following a period of volatility, the S&P 500 index initially spiked …
- National
Treasurer and RBA Governor Hold Urgent Meeting as Trump’s Trade War Strikes Markets
by adminEconomists anticipate that the recent market turbulence may prompt the Reserve Bank of Australia (RBA) to implement significant interest rate cuts akin to those witnessed during the global financial crisis. …
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Financial markets typically react negatively to fear and uncertainty, creating a self-perpetuating cycle where declines fuel further fear. Recent downturns in global share markets are reminiscent of the turmoil experienced …
- National
ASX Plummets by $53 Billion in Early Trading Amidst China’s Struggle with US Tariffs
by adminThe Australian Securities Exchange (ASX) has experienced a significant downturn today, with $53 billion lost in early trading as the ramifications of US President Donald Trump’s tariffs reverberate through the …