MWP December 19: US Fed cuts rate, but Powell comments bombs global markets 💣

While the US Fed did slash rates for the third time in a row, inflation fears are likely to kill off some monetary policy relief. That sent markets sinking, and the Aussie dollar to its lowest point in two years. A very Merry Christmas from everyone at Money News. We'll be back with the podcast ag…

MWP December 18: ASX awaits US Fed, as MYEFO shows a growing deficit 📉

The Federal Budget will creep even further into the red over the next four years, with government spending growing and growing.

MWP December 17: ASX rallies, as graphite producer wins from EV demand 🔋🚗⚡

The ASX turned around recent fortunes to post a day in green, while Novonix secured a loan to set up a graphite plant in the US.

MWP December 16: Shake up at the RBA, as market tumbles again 🫨

The RBA board has two new appointments to the monetary policy board, with former Bendigo Bank CEO Marnie Baker, and academic economist Renee Fry-McKibbin joining the ranks.

MWP December 12: ASX drops after stronger jobs data kills off early rate cut hopes 🔪

Unemployment is back under 4%, with an unexpected lift in the jobs numbers all but guaranteeing the RBA won't move early on rate cuts in 2025.

MWP December 11: Market drops as former Rex directors sued by ASIC ✈️

The market continued its slide today, while ASIC launched legal action against former Rex directors, alleging they misled investors.

MWP December 10: Rates on hold again, as Chinese policymakers signal more support 🫶🏡

Rates were on kept on hold by the RBA for the 8th time this year, but has the language of the central bank hinted at a change in direction?

MWP December 9: Markets stay flat as ANZ goes CEO hunting 🎯

Shayne Elliott will step down as CEO of ANZ, with an external appointment from Portugal named as an unlikely successor.

MWP December 5: ASX gains, but Bitcoin steals the show, surpassing the $100,000 mark ₿💰

Renewed optimism around the role of cryptocurrency in the US sent Bitcoin surging beyond its previous records.

MWP December 4: ASX comes back from record highs, as GDP numbers tell tale of woe 📜😟

A concerning national accounts update will leave much for the Reserve Bank to ponder when it meets next week, as the share market falls from record highs.