Powell Says Inflation 'Still Too High,' Warns Of Additional Tightening

Federal Reserve Chair Jerome Powell delivered highly anticipated remarks at an Economic Club of New York luncheon on Thursday, arguing that inflation is “still too high” and warning additional monetary policy tightening may be needed. Powell noted that shorter-term measures of core inflation over the most recent three and six months are now running below 3 percent but cautioned these […]

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China’s property crisis is becoming more dangerous

Save articles for later Add articles to your saved list and come back to them any time. China’s giant banking system, the world’s largest, is heavily exposed to the real estate crisis: Nearly 40 per cent of all bank loans are related to property. And pressure is building on those banks as dozens of real estate developers have defaulted or […]

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Deadline looms for those who do their own tax returns

Save articles for later Add articles to your saved list and come back to them any time. The Australian Taxation Office is reminding taxpayers who do their own tax returns that they need to have them lodged by the last day of October, with those failing to make the deadline liable for penalties of up to $1565. Those using a […]

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