RBA Governor Philip Lowe has warned of inflation hitting 7 per-cent and conceded that the disorderly removal of the yield curve policy in late 2021 caused reputational damage.
Independent economist Saul Eslake says the Bank will be looking ahead to an external review of the RBA coming soon.
Morningshow etc.
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RN Breakfast daily stories separated out for easy listening. RN Breakfast is the program informed Australians wake up to. Start each day with comprehensive coverage and analysis of national and international events, and hear interviews with the people who matter today—along with those who'll be making news tomorrow.
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Folge vom 22.06.2022RBA says recession not on the horizon, but reputation damaged
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Folge vom 22.06.2022What's the next evolution of the wine bottle?Plastic bottles of wine, flattened to look more like a stretched out liquor bottle, are the newest eco wine bottles hit the market. The innovation has been tested out in Europe, and now the curious new container has made its way to Australia.
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Folge vom 22.06.2022Impasse over Russian blockade of Ukraine's grain fuels global food crisisA global food crisis is looming as Russia continues to block grain from leaving Ukraine, sending food prices soaring. Moscow's blockade of Ukraine's Black Sea ports has brought exports to a standstill and Russia is now being accused of war crimes, with many countries facing starvation.
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Folge vom 22.06.2022Macron meets rival parties after losing majorityFrench President Emmanuel Macron has met with his political opponents after his coalition failed to win a majority in parliamentary elections. Mr Macron is now under pressure to secure support from rivals to fulfil his government's reform agenda, but neither side have shown interest.