Australian Treasurer Chalmers says the Budget aims to be helpful, not harmful on inflation
Treasurer Chalmers' statement indicates that the Australian government is prioritizing a balanced approach to fiscal policy, aiming to support economic activity without exacerbating inflation.
Standard Chartered (2888 HK) sets out sustainable growth plan and is to cut corporate functions roles by over 15% by 2030
RBA Assistant Governor Hunter says risk of inflation expectations drifting higher is elevated, and the Middle East conflict is a clear external shock, adds recent rise in oil prices is particularly challenging to navigate
Australian Treasurer Chalmers says the Budget aims to be helpful, not harmful on inflation
BoK forecasts Samsung Electronics (005930 KS) strike to cut GDP growth by 0.5 percentage points
New Zealand PPI Input QoQ (Q1) Q/Q 1.4% vs. Exp. 0.8% (Prev. -0.5%)
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This reflects an awareness of current inflationary pressures and could signal more cautious fiscal measures going forward. Traders should consider potential implications for monetary policy, as any shift towards restraint can influence rates and market sentiment.
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