THE US Federal Reserve on Thursday (Feb 15) released scenarios for its annual bank health checks which will assess how well 32 large lenders would fare under a severe economic shock, including a US jobless rate of 10 per cent and a collapse of real estate prices.
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RBA’s Michele Bullock is ‘very alert’ to inflation risk from Middle East war
Financial markets are pricing in a strong possibility of another rate increase in May that would take the cash rate to 4.1%
