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Australia's housing market.
Strong economy story stuttering.
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DOI: 10.1108/OXAN-DB241352
ISSN: 2633-304X
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House prices grew slightly in Sydney and Melbourne in June, ending 19 months of decline, and a national rebound is likely in the third quarter.
Australia's royal commission hearings into banking.
The major central banks use one key tool to implement policy and influence the economy as directly as possible -- an overnight interest rate on banks’ reserves at the central…
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DOI: 10.1108/OXAN-DB275594
ISSN: 2633-304X
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It last month allowed banks to lend more to NBFCs that do not finance infrastructure, with the raised limit effective to year-end. This came after the government took control of…
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DOI: 10.1108/OXAN-DB239675
ISSN: 2633-304X
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At its first meeting of 2017, on January 10-11, the COPOM reduced the benchmark Selic interest rate to 13%. The 75-basis-point (bp) rate cut decision, the largest in nearly five…
Prospects for the global economy in 2017.
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DOI: 10.1108/OXAN-DB214677
ISSN: 2633-304X
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Geographic
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Rising consumer debt in Russia.
Annual consumer price inflation was 5.9% in the fourth quarter of 2021, its highest level since 1990. The RBNZ will tighten monetary policy in response while remaining aware that…