The politics of falling inflation has been clear – lower is better. But Australia should beware its flip side: slow growth

There’s no convincing argument for the RBA not to cut interest rates on 12 August as economists say they are acting as a break on the economyFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThere is much to like in the latest inflation figures, which dropped to 2.1% in the year to June – and even to 1.9%, if you believe the less reliable monthly version.We have certainly come a long way in the two-and-a-half years since inflation reached nearly 8%. Continue reading...

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Carney concedes U.S. trade deal may not happen before Aug. 1 deadline

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World news

Carney concedes U.S. trade deal may not happen before Aug. 1 deadline

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