There is a plausible reason to cut interest rates next month, but also a reasonable case to hold steady and await more information on the economy.
SYDNEY–Inflation in Australia remained in retreat in the final quarter of last year, stoking the case for the Reserve Bank of Australia to start cutting interest rates at its coming policy ...
Australia's CPI inflation slows to 2.4% YoY in Q4 2024, driven by government rebates. Click here to find out what investors ...
Australia's annual inflation rate eased to 2.4% in the fourth quarter, down from 2.8% in the previous period and below expectations of 2.5%. Core inflation, the RBA’s preferred inflation gauge ...
Australia’s quarterly inflation data this week may be key to whether the Reserve Bank finally embarks on a monetary easing cycle soon, and in turn, help decide the timing of an election due by May 17.
Australia's consumer price inflation eased in December to the lowest since early 2021 on falling electricity and auto fuel prices, ...
It’s premature to declare victory over inflation. But all hell will break loose if the central bank governor and her board ...
(Bloomberg) -- Australia’s core inflation eased by more than expected in the final three months of 2024, opening the door to an interest-rate cut as soon as next month and sending the currency lower.
New Zealand's economy is in recession. It has 32,000 fewer employed people than a year ago, and thousands of Kiwis have been heading to Australia to escape their dreary economy. Australia's ...
(Bloomberg) -- Australia’s quarterly ... the cash rate at its Feb. 17-18 meeting, much depends on price data scheduled for release on Wednesday. Economists expect the trimmed mean inflation ...