Interest rate brouhaha starts again as RBA mulls a cut
The case was strengthened for ratio cutting
Will the interest rate be cut in mid -August? He believes he will be many commentators, or at least there is no “convincing argument” Guardian Australia’s Patrick Comins puts it.
After publishing the latest consumer price report of the Australian Statistical Bureau yesterday, the latest inflation figures have a lot in June 2.1% and even falling to 1.9% -Comins wrote the Australian Statistical Bureau yesterday. “In two and a half years since inflation reached about 8%, we have certainly come a long way.”
Sydney Morning Herald He leads the newspaper this morning With a title that says, “It points to cutting inflation rate”.
“A country’s slowdown in inflation, ongoing threat Donald Trump’s An economy that shows tariffs and wear and wear, means that the reserve bank is guaranteed to reduce official interest rates while gathering next month. ”
Ciikey’s political editor Bernard Keane At the last meeting of the Reserve Bank, he was among the observers who reacted negatively to the decision not to reduce rates. Michele Bullock And his board will scream and scream with a ratio cut in August ”.
In a view ABCs In the afternoon briefing Wednesday afternoon Treasurer Jim Chalmers He sympatically painted himself to the “millions of Australian”, who wanted to see a little relief last time.
“I am satisfied with these numbers because I think it is a strong demonstration of the progress of Australians in this struggle against inflation,” Chalmers said. “For several years, inflation has really been descriptive difficulties in our economy and there is still more work to be done, but to have inflation in low twins, to have the underlying inflation in the reserve bank’s target group, to have monthly inflation with someone in front of it, to see inflation today, this very positive news.”
What about these tariffs? The US President continued to speak India in a social media mission on a pair of nights and doubled the threat of bringing 25% tariffs to all Indian imports. He also directly targeted India’s trust in Russian oil purchases, Cnn notified.
Australia will hold the collective breath before Trump’s focus of the focus. Like ABC News During his last visit to Scotland, which he organized a preliminary tariff agreement with the European Union, the president, who was reported at the beginning of the week, thought that it was quite time-consuming to make individual agreements with the existing “200 countries in the world”.
. SMH Last night, Australian mine giant Rio Tinto reported that Trump’s tariffs began to feel the effect on China.
“A incredibly uncertain world,” Rio Tinto General Manager Jakob Stausholm quoted. “Geopolitical tensions and the development of tariffs are difficult.”
Albanian will take a young ban on the UN
Prime minister Anthony Arbanese Even if he acknowledged that the implementation of politics would not be “simple or easy ,, he said in the United Nations that Australia will try to create international support for the young social media ban.
Minister of Albanian and Communication Anika Wells As a result, it prevented the press yesterday to verify the news that youtube would not be exempt from the new law.
Like Crirase First, Google canceled an event in the Parliament Building after the decision.
Wells told journalists, the government said the policy as a “real struggle for the welfare of the Australian children ve and promised not to be scared.
The coalition seized it in YouTube Backflip, saying that it was a “open broken promise, despite the support of the ban.
“When the government introduced the legislation in November, they especially excluded Youtube. This was pioneered that the legislation passed the parliament,” Melissa McIntosh he said, Guardian Australia. “The Albanian worker government can change a minister, but they cannot hide the fact that they deliberately mislead the people, Mc said McIntosh.
Like Australia Financial Review And others, Albanians promised to force the UN to ban the UN on social media under 16 years of age, and in September he would organize an event at the General Assembly.
“Albanians wrote to the UN representative of Australia, James LarsonFor 36 months, organizing an activity with advocacy groups and making a campaign for children under 16 years of way to prohibit social media accounts. ”
In a lighter note…
Thirty years have passed since grateful Dead Powerhouse Jerry Garcia He’s dead, but the cult around the band is still alive.
Celebrating the 60th anniversary of the dead fans landed in San Francisco. Three Days Concertsincluding Spinoff Act Dead & Company containing original members Bob Weir And Mickey Hartand the modern guitar hero John Mayer.
The celebration of the Psychedelic Law, which is synonymous with San Francisco’s 1967 “Summer of Love ve and known for its special travel fan base, is expected to attract 60,000 fans a day.
Say what?
We are in a race against time.
Teresa Ribera
Second Commander of the European Commission He said overnight History will not gently look at the EU’s reaction to Israel’s war in Gaza. “Europe should react itself as a political actor and unite and mobilize the principles that inspire the construction of the European project.” He said.
Ciikey summary
How gave us our ‘swamp standard’ a ten -year coalition nonsense on climate
United Nations Climate Change Manager Secretary Simon Siell He called the Australian government To set an ambitious 2035 emission reduction target – under the standard of swamps ”. Of course, the Labor Party has its own depressing record of refuting this statement in the face of the pressure of action. However, how you define the “swamp standard” depends on the context. And my son, let the coalition dive into this swamp in depth.
Indeed, the resumption of the parliament gave the opposition an opportunity for another paroxism -related paroxism. First, former party leadership rivals Michael McCormack And Barnaby Joyce It was formed Tuco and Blondie-Stily Alliance is an alliance based on the desire to destroy Australia’s commitment to Net Zero or to destroy the current citizen leader David LittleProud.
This is an amazing graph. I have a crazy idea that inspired him
Travelers and students are very large moving pieces. This is a surprise. Normal boring inhabitants are more than students and travelers, but being more than a large number is different energetic piece. There is a million places to go with it. I want to take this to a strange place: an idea for an inflation policy.
We are currently checking inflation by checking interest rates. Are prices rising too fast? Rates increase. Are prices rising very slowly? The rates are falling. A highly indirect approach with what they call “long and variable delays .. Why do we do this? Partly because we have always done this. Partly Milton FriedmanWho said this Inflation is always a monetary phenomenon.
While Bowen shakes the climate coalition, it still allows him to dictate his policies. Who is the real joke?
Labor is spending an old time with the latest coalition on energy. Liberals and citizens once again go to war and the last liberal moderates are preparing to send again – still want to take part in parliament? – The government brings Yucks.
Climate Change and Energy Minister on Monday Chris Bowen Was the lines ready to roll in response Barnaby Joyce’s Net-Zero bill.
Assignment Matt monster Net Zero’yu examining “Coldplay’yi Kiss Cam was like holding responsible – not necessarily a happy marriage!” You can imagine when they find high five in Bowen’s office.
READ ALL ABOUT IT
Tsunami warnings in the USA, Russia’s Far East after a major earthquake strike (CNN)
‘Moral Obligation’: The senior Jewish group calls Israel to get more help to Gaza (SMH) ($)
Trump imposes India ‘Penalty’ through 25% tariff and vineyards with Russia (Guardian)
The Arab States call Hamas to disarm and abandon power with unprecedented movement (CNN)
Eric Trump does not exclude the White House family ‘dynasty’ (BBC)
Angola says the death fee from fuel hike protests to 22 (Reuters)
Sweden’s new preschool curriculum is throwing digital learning tools (Sveriges Radio)
Comment
Israel deliberately left the Gaza people hungry. He couldn’t do this without the help of the West – Owen Jones (Guardian): What have we done? This should be the question between the walls, as the UN -backed monitor declares that the worst scarcity scenario is currently playing in the Gaza Strip ”. Keir Starmer to suit Donald Trump This week. Israel’s deliberate hunger is a crime that ultimately designed and applied.
If Starmer does not accept Israel’s ceasefire and a two -state solution, Britain would recognize the Palestinian state of Palestine, but do not beg: Palestine is the most symbolic action in which the national self -determination, not a bargaining chip, but an irrevocable right, and this is the most symbolic action in which it can do it instead of applying sweeping sanctions and ending all weapons sales. The hand -bored of Western politicians and media organizations will not feed Gaza’s weakened children more than they will eliminate their guilt.
Inflation slows down again – but is it enough for the Reserve Bank to reduce interest rates? – Stella Huangfu (Speech): Inflation is progressing in the right direction, but the new figures published today may not be soft enough to trigger a deduction in official interest rates in August. The Australian Statistics Office released the June Quarter Consumer Price Index (CPI) data and provided an update on how to follow the price prints because the Australian Reserve Bank hosted more interest rates.
At the next policy determination meeting planned on August 11-12, today’s inflation report will present important inputs to the decision. The Title CPI increased by 0.7% in June quarter and fell from 0.9% in March. The annual inflation rate decreased from 2.4% to 2.1%, the lowest level of four years.
