US Federal Reserve Decision Could Cause a Recession: Motley Fool, Stephen Jones

Australians are being told they are “preparing” for further financial pain, including a potential recession, after the US Federal Reserve raised interest rates to the highest levels since the global financial crisis. The central bank raised the country’s cash interest rate by three-quarters of a percentage point to 3.25 percent, and said further rate hikes … Read more

Inflation explained: how livelihood pressures could worsen in Australia in 2022?

Over the past 12 months, Australians have received quite a bit of education about inflation, with the headline CPI recently hitting 6.1 percent. After more than a decade of largely dormant inflation in relative terms, recent cost-of-living pressures have blinded households and even the experts at places like the Reserve Bank (RBA). As inflationary pressures … Read more