Claims extracted
16
sentences that state something as happening or true
Uncertain
19%
3 of 16 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
68/100
Daily Mail's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
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The rising cost of oil and iPhones is concerning the Reserve Bank of Australia as it approaches a crucial interest rate decision, the central bank's chief economist says.
asserted
economist → see → decision
With rising inflation pressures from the Middle East and more broadly around the globe, the Reserve Bank faced a 'challenging' situation, its chief economist Sarah Hunter told a Regional Australia Institute summit in Canberra.
asserted
economist → rise → Canberra
Dr Hunter said inflation risks were skewed to the upside as higher petrol and diesel costs were set to flow through to households and businesses.
asserted
costs → say → households
'Anyone who's bought a new iPhone recently might have noticed that the price went up quite a bit,' Dr Hunter said on Monday.
uncertain
Hunter → buy → Monday
'That's actually true for consumer electronics more generally, and that's directly related to the AI boom; those chips that are in all of our electronic products are in high demand right now.
asserted
that → relate → demand
'The price is going up as a result.'
asserted
price → go → result
Reserve Bank governor Michele Bullock has previously said the board might have to raise interest rates further if upside risks to inflation materialised
The rising cost of oil and iPhones is concerning the Reserve Bank of Australia as it approaches a crucial interest rate decision, the central bank's chief economist Sarah Hunter says
At a starting price of $3499, Apple's latest effort - the iPhone Duo - is commanding a significant mark-up to previous models at launch.
uncertain
effort → say → launch
The escalating conflict in the Middle East was also 'concerning', with energy cost pressures pushing up inflation in Australia's economy, Dr Hunter said.
asserted
Hunter → escalate → economy
Oil prices broke the psychologically significant $US100 a barrel barrier last week as Iranian attacks on tankers passing through the Strait of Hormuz ramped up.
asserted
attacks → break → Hormuz
Saudi Arabia has shut its east-west pipeline following a drone attack, shutting a key Hormuz bypass, with the oil-rich nation's crude production tumbling by 1.9 million barrels a day in August to the lowest level since the conflict began, economists at ANZ bank said.
asserted
economists → shut → bank
The increased attacks have already impacted exports of crude oil and refined fuel products from the Persian Gulf, but further pressure on prices was likely to come from the advance of Iran's Houthi allies in Yemen.
asserted
pressure → increase → Yemen
'Riyadh has now lost the option to use western exports if the Strait of Hormuz deteriorates again,' ANZ analysts said on Monday.
'This is likely to put further upward pressure on oil prices this week.
asserted
This → lose → prices
The federal government has not ruled out cutting the fuel excise again as petrol and diesel prices rise.
asserted
prices → rule → excise
Reserve Bank governor Michele Bullock has previously said the board might have to raise interest rates further if upside risks to inflation materialised.
uncertain
risks → say → inflation
Money markets are pricing the chance for another rate rise at the Reserve Bank's September 28-29 board meeting at about three in four.
asserted
markets → price → four
But with traders fully pricing in at least two rate hikes by mid-2027, it is more a matter of when, rather than if.
asserted
it → price → when
The Aporia
