Thursday June 16th 2022
The FOMC announced a 75-basis point rise in interest rates in the US, with rates rising to 3.4 percent by the end of the year. Sat the press conference that followed Jerome Powell spelt out that the next rise would be 50 or 75 basis points at the next meeting. Thy continue to argue that al of this can be achieved with a soft landing, but as NAB’s Ray Attrill suggests, when has a central bank ever confessed to contributing to a recession. There was also an emergency meeting of the ECB yesterday, as they try to tackle fragmentation in the European union occurring from rising rates. Later on the Bank of England, expected to lift rates by 25 basis points. Also today, Aussie employment numbers and New Zealand GDP.
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The Wireless Winners
The latest from the Mobile Congress in Melbourne, plus news on how carriers are preparing to cope with increased demand for bandwidth and speed.
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The Challenge of Multichannel Retailing
Aussie consumers now see online as the primary source of pre-purchase information and are often turning up to stores as well informed on a product as the floor staff – if not more so.
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Fixing the Regional Divide
Services in regional Australia are often cross-subsidised by hiking up the cost of services to people in metropolitan areas. Is that really the best way?
