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Federal Reserve Governor Barr: Widespread productivity gains from artificial intelligence may take some time.

2026-09-30

Federal Reserve Governor Barr: Widespread productivity gains from artificial intelligence may take some time.

Other News
2026-09-29

Spot palladium fell below $1,200 per ounce, down 0.72% on the day.

Spot palladium fell below $1,200 per ounce, down 0.72% on the day.
2026-09-29

All nine forecasters — Oxford Economics, Standard Chartered, Westpac, the Reuters survey, UBS, TD Securities, ANZ, ING and Commonwealth Bank — expect a 25bp Reserve Bank of Australia hike in September. Views on November diverge: UBS and ANZ expect an

All nine forecasters — Oxford Economics, Standard Chartered, Westpac, the Reuters survey, UBS, TD Securities, ANZ, ING and Commonwealth Bank — expect a 25bp Reserve Bank of Australia hike in September. Views on November diverge: UBS and ANZ expect another 25bp (UBS ties this to Q3 inflation surprising to the upside); Commonwealth Bank says September will pass unanimously with hawkish wording and that a Q3 trimmed‑mean inflation print ≥1% q/q could trigger a further hike; TD Securities and the Reuters survey see the cycle nearing its end and TD sees no urgent case for Nov/Dec moves; Westpac expects a split vote reflecting differing views on supply capacity and labor‑market slack. Drivers cited across forecasters are persistent inflation, a still‑tight labor market, higher oil prices and AI‑related demand, plus resilient growth, reinforcing upside policy risk.
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