_angus-taylor-says-the-australian-government-needs-to-focus-on-growing-the-economy.jpg "Angus Taylor says the Australian government needs to focus on growing the economy from mlp blueberry inflation Video Screenshot Preview")
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✓ Published: 12-May-2024
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✓ Published: 12-May-2024
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Shadow treasurer Angus Taylor spoke to David Speers on ABC Insiders this morning about the upcoming budget. He says the government is far from pushing inflation down and that the focus needs to be on enabling the economy to grow at a faster rate than spending.
Shadow treasurer Angus Taylor spoke to David Speers on ABC Insiders this morning about the upcoming budget. He says the government is far from pushing inflation down and that the focus needs to be on enabling the economy to grow at a faster rate than spending.
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_consumer-outlook-plunges-amid-fears-of-more-price-hikes-ahead.webp "Consumer Outlook , Plunges Amid Fears of , More Price Hikes Ahead.<br/>CNN reports that sentiment about the economy among <br/>consumers in the United States has plummeted <br/>to the lowest level in the past six months.<br/>According to the latest consumer survey by the <br/>University of Michigan, consumers are also bracing <br/>for more price increases in the year ahead. .<br/>The consumer expectations gauge, <br/>which is closely monitored by the White House, <br/>dropped 13%, representing the most significant <br/>single month decline since mid-2021.<br/>The latest news is still better than <br/>last May when inflation was at 4% <br/>compared to the current 3.5% reading.<br/>However, CNN points out that despite inflation <br/>being lower than the same time last year, the numbers <br/>have been moving in the wrong direction.<br/>The trajectory has shifted <br/>economist expectations for <br/>the Federal Reserve to cut rates. .<br/>The latest Fed report saw expectations <br/>for year-ahead inflation increase <br/>to 3.5% from the 3.2% forecast in April. .<br/>At the same time, long-run <br/>expectations for inflation also <br/>increased to 3.1% from April's 3.0%. .<br/>According to Chicago Federal Reserve <br/>President Austan Goolsbee, the latest data , \")
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_how-latin-america39s-richest-billionaires-made-their-money.webp "Much is up in the air in Latin America: Mexico may see its first-ever female president, the Argentine peso is collapsing amid the country’s highest inflation in three decades and Brazil’s new president Luiz Inácio Lula da Silva continues to wrestle with a deeply polarized political environment. But one thing is certain: billionaires in the region are booming, both getting richer on average and adding new members to their ranks.<br/><br/>The average Latin American billionaire’s net worth rose by 23% on this year’s World’s Billionaires list, which also welcomed 21 new faces from the region, compared to just 1 last year. In all, Forbes found 110 members in Latin America, worth a combined $530 billion, up from $413 billion in 2023.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/gigizamora/2024/04/04/the-10-richest-people-in-latin-america-2024/?sh=2717cbe67c84<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
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