U.S. Launches Operation Economic Outcast Against Iran
Five sectoral determinations and nearly 60 designations target IRGC commanders, cyber units and petroleum traders in India, Hong Kong and Türkiye
Economy
Economy news and developments. Coverage of economic policy, market trends, global trade, inflation, and financial systems from The Oceania Cables.
RBC Projects 6% Australian Inflation by June 2026: Outlier Forecast Exposes Entrenched Price Risks
Summary The Royal Bank of Canada (RBC) has projected that Australian headline inflation would reach 6% by June 2026, a figure notably higher than forecasts from the Reserve Bank of Australia (RBA) and other major institutions. RBC’s analysis attributes this surge to a convergence of domestic and global factors,