SYDNEY—Inflation pressures across the Australian economy continued to abate in May, setting the stage for a third cut in interest rates by the Reserve Bank of Australia next month. The monthly CPI ...
Recent data has complicated the task of the RBA. Stronger growth, a resilient labour market, rising house prices and an ...
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RBA keeps rates on hold in December at 3.6pc, 'uncomfortable' with inflation at current level
The decision to keep interest rates steady was the RBA board's final interest rate decision for 2025. Its next meeting will ...
SYDNEY (Reuters) -Australian consumer prices rose at the fastest annual pace in a year in August after a hot July, suggesting some upside to inflation that prompted markets to pare back the chances of ...
By Stella Qiu SYDNEY (Reuters) -Australian consumer inflation accelerated for a fourth straight month in October, a new data series showed on Wednesday, a hot result that has markets giving up hopes ...
SYDNEY (Reuters) -Australian consumer prices jumped by the most in 2-1/2 years in the September quarter as electricity and travel costs climbed, while a shockingly large increase in the core inflation ...
Australia's central bank cut its policy rate by 25 basis points to the lowest in two years as inflation concerns in the country continue to recede, giving room for the bank to ease monetary policy.
The annual inflation rate in the year to October jumped to 3.8 percent, up from 3.6 percent in September, well above the Reserve Bank of Australia’s (RBA) target range, with a major factor being the ...
The question now is where interest rates will head next year as the economy recovers but consumer spending remains fragile.
At 2.4% year-on-year, Australia’s headline inflation rate in the first quarter was in line with our expectations and remained unchanged compared to the last quarter. Inflation readings across most ...
Australia's economy grew at the fastest annual pace in two years in the September quarter, fuelled by business, government ...
Australia's economy grew at the fastest annual pace in two years in the September quarter, fuelled by business, government ...
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