Business

Central Bank Struggles with Inflation Amid Global Pressures

Updated 2026-09-09 15:10 UTC 2 sources Negative

The Reserve Bank of Australia (RBA) faces challenges in taming inflation due to rising oil prices and increased data center investment. Meanwhile, the US administration pressures the Federal Reserve for lower rates, but experts advise against it.

Coverage timeline — 2 articles
CNBC
As the Trump administration ramps up pressure on the Federal Reserve, consumers may be better served if senior officials back off, experts say.
2026-09-09 14:58 UTC
The Guardian
The breakdown of the US-Iran ceasefire, rising oil prices and the explosion in data centre investment are making the central bank’s task harder<a href="https://www.theguardian.com/australia-news/live/2026/sep/09/coalition-victoria-energy-bills-labor-one-nation-super-digital-duty-of
2026-09-09 15:00 UTC
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