RBA Signals Key Rate to Stay at 12-Year High for Time Being
Australia’s central bank signaled it will keep its key interest rate at a 12-year high in the near term as it struggles with stubborn inflation that’s holding it back from joining a global easing cycle.
RBA announces new interest rate decision, holding at 4.35 per cent
The Reserve Bank has held the cash rate at 4.35 per cent following its board meeting on Tuesday, flagging that inflation is “still too high”.
Hard for RBA to cut rates without a breaking point
Inflation is on the way down, unemployment is on the way up, yet interest rates are going nowhere. So what is the Reserve Bank of Australia waiting for: something to break or for the immigration/government spending surge to die down? Which one comes first?
RBA Holds Key Rate at 12-Year High, Defying Global Easing Pivot
Australia’s central bank held its key interest rate at a 12-year high on Tuesday as it tries to subdue stubborn price pressures that are preventing it from joining a global easing cycle.
RBA unlikely to cut rates until well into 2025
HSBC chief economist Paul Bloxham reveals when he thinks the RBA will cut interest rates following their decision on Tuesday to keep the cash rate steady at a 12-year high of 4.35 per cent.35 per. “The rate cuts are going to be in 2025 not 2024 and we don't think they're going to come until well into 2025,
RBA leaves rates on hold, signals no near-term cut
The RBA board has left the cash rate on hold at 4.35 per cent and continued to rule out a near-term rate cut with as underlying inflation remains too high.
RBA explores Plan B shake up on managing ‘big risks’
RBA governor Michele Bullock is developing a back-up plan to manage “big operational risks” such as cybersecurity in the ...
China's big-bang stimulus boosts yuan; Aussie up after RBA
China's yuan hit a 16-month high on Tuesday, after stimulus measures infused broader markets with enthusiasm and boosted the ...
RBA governor Michele Bullock says rates won’t decrease until Australia lowers underlying inflation
The Reserve Bank has flagged Aussies are unlikely to see any reprieve in interest rates until inflation returns to ...
Australia news live: RBA ‘didn’t explicitly consider’ hiking interest rates, governor says
Paramedics attempted to treat the man but he died at the scene. A report will be prepared for the Coroner and the incident ...
Asia stocks steady ahead of RBA decision, Ueda speech
Asian stocks were perched at their highest in more than two months on Tuesday as expectations for more U.S. rate cuts kept ...
RBA Set to Extend Rate Pause as Housing Crisis Props Up Prices
Australia’s record household debt was a key factor in the Reserve Bank’s cautious approach to tightening, and now housing is ...
RBA interest rate call 'plays with fire' as Aussies face business collapse and job losses
The RBA will deliver their cash rate decision this afternoon, and we'll be bringing you regular updates about what you can ...
Aussie dlr near 2024 high before RBA; yen drifts as Ueda awaited
The Australian dollar hovered close to its highest level of the year on Tuesday, with the central bank set to hold policy ...