Australia TD Inflation Up 0.4% in December
A private gauge of Australian inflation advanced in December on costlier gasoline, travel and rent, adding to the case for the central bank to hold rather than cut interest rates.
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Are Private Equity Firms the New Banks?
12:53 - Michael Arougheti, Ares Management president, discusses the state of the credit markets with Bloomberg's Erik Schatzker at the Milken Institute Global Conference. (Source: Bloomberg)