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Supreme Court to hear challenge to Trump tariff policy Wednesday
President Donald Trump’s sweeping tariffs on most items imported to the U.S. will face the scrutiny of the Supreme Court this week as businesses and consumers are grappling with the economic impact. “The unpredictability of tariffs has been a huge, huge issue,” said Bryan Pate, CEO of PT Motion Works. “We sell a bicycle, which are primarily made out of aluminum, and then we sell balance training products that a lot of the products come from overseas. They just aren’t made in the U.S. or they’re prohibitively expensive in the U.S.,” Pate said. “For bikes in particular with the aluminum tariff, it could ... (full story)
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From rba.gov.au|Nov 3, 2025|2 commentsAustralian financial conditions have eased further following the Board’s decision to lower the cash rate in August. Reductions in the cash rate over recent months have passed ...
From rba.gov.au|Nov 3, 2025|3 commentsInflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring aggregate demand and potential supply closer towards balance. More recently, however, inflation has picked up. Trimmed mean inflation was 1.0 per cent in the September quarter and 3.0 per cent over the year, up from 2.7 per cent over the year in the June quarter. This was materially higher than expected at the time of the August Statement on Monetary Policy. Headline inflation rose sharply to 3.2 per cent over the year in the September quarter, a large part of which was expected given the cessation of electricity rebates in a number of states. The Board’s judgement is that some of the increase in underlying inflation in the September quarter was due to temporary factors. The central forecast in the November Statement on Monetary Policy, which is based on a technical assumption of one more rate cut in 2026, has underlying inflation rising above 3 per cent in coming quarters before settling at 2.6 per cent in 2027. RBA: Central forecast November statement anticipates underlying inflation rising above 3 per cent in coming quarters before settling at 2.6 per cent in 2027. RBA: Various indicators suggest that labor market conditions remain tight Australian GDP expected to remain near 2% annually over the next three years, says RBA.
From kitco.com|Nov 3, 2025The current pullback in the gold market is only temporary, and the yellow metal’s price is still on track to reach $4,200 per ounce, with an upside scenario of intensifying ...
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From @PiQNewswire|Nov 3, 2025RESERVE BANK OF AUSTRALIA GOV BULLOCK: POOSIBLE LESS EASING NIGHT BE NEEDED IN THIS ROUND THAN IN PAST DID NOT CONSIDER CUTTING RATES DISCUSSED HOLDING AND OUTLOOK FOR POLIOCY, BEING CAUTIOUS RBA's Governor Bullock: possible no more rate cuts, possible some more RBA Governor Bullock: annual core inflation above 3% is not ideal RBA's Governor Bullock: best estimate unemployment rate will remain relatively stable RBA's Governor Bullock: board targetting 2.5% for inflation
From @financialjuice|Nov 3, 2025|3 commentsJapan PM Takaichi: Japan is still halfway through in achieving sustained achievement of price target accompanied by wage gains Japan PM Takaichi: Abenomics boosted GDP, created jobs but its third arrow growth strategy was insufficient in propping up private investment Japan PM Takaichi to strategically deploy fiscal spending to boost household income, consumer sentiment and generate positive cycle strengthening economy
From portugalpulse.com|Nov 3, 2025The majority of analysts regularly surveyed by the European Central Bank (ECB) anticipate that the monetary institution will keep interest rates on bank deposits at 2% until early ...
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- Nov 3, 2025 10:15pm Posted byFundamental Analysis14,546
