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President Donald Trump speaks in the Oval Office of the White House

‘I love the inflation,’ Trump says. Americans beg to differ

The US president can brag as much as he likes about his trade policies and his “successes” against Iran, but US households are being squeezed ever harder by the war and his tariffs.

  • Stephen Bartholomeusz

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Warsh and US President Donald Trump confer following their speeches.

Will the AI boom lead to lower interest rates?

New US Federal Reserve Chair Kevin Warsh says the productivity gains from artificial intelligence will allow significant cuts in interest rates. More like the opposite.

  • Stephen Bartholomeusz
The Reserve Bank’s next move may be a rate cut, says NAB senior economists.

One of Australia’s biggest banks says interest rate pain is over – for now

The Reserve Bank has lifted interest rates at its past three meetings. But the NAB believes its next move will be a cut to prop up a struggling economy.

  • Shane Wright
Life satisfaction has nose-dived among Australians, led down by those in their 20s and 30s.

Every generation of Australians thinks life is worse than a decade ago

Australians, particularly those trying to get into their own home, are increasingly dissatisfied with their lives. And it’s hitting the political system.

  • Shane Wright
Donald Trump is still demanding higher interest rates.

Trump will be furious but his man’s hands are tied

A surprising jump in the latest jobs figures is good news for America but it spells doom for one of the US president’s biggest wishes.

  • Stephen Bartholomeusz
Data centres illustration

Australia’s data centre explosion: Why the surge in NSW, Victoria is now eclipsing the mining boom

The rapid expansion in global data centres could be the single largest economic lift since the railroad construction boom of the 1880s and 1890s, surpassing even the mining explosion of the 2010s.

  • Shane Wright
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Reserve Bank governor Michele Bullock says Australia is likely to avoid a recession and does not believe the country is facing stagflation.

RBA boss says economy can weather war and avoid recession

Analysts have raised concerns the country could face a recession and stagflation due to the Iran war. But Michele Bullock is not one of them.

  • Shane Wright
Treasurer Jim Chalmers said the figures were strong compared to other economies.

Rates may hold for rest of year as Australians struggle under rising costs

Private business investment also jumped by 6 per cent in the March quarter, driven by a 30-year-high increase in machinery and equipment, much of which is used to build data centres.

  • Shane Wright
While Operation Epic Fury was militarily successful, securing a settlement, peace deal or even just a framework agreement has been less of a triumph.

Trump’s war is starting to strangle the world

The impact of the global energy shock sparked by the war is starting to hit economies. And there is more pain coming.

  • Stephen Bartholomeusz
Property values have been declining in both Sydney and Melbourne.

Property prices in Sydney, Melbourne fall sharply, new research shows

Price growth across the national property market has ground to a halt, with steep falls in Melbourne and Sydney helping first home buyers into the market.

  • Shane Wright and Matthew Knott