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Australian inflation plunges to 3.2%, signaling RBA rate cutAustralian inflation has dipped to a three year low of 3.2 per cent, paving way for a much expected rate cut the following month, offering the government a boost ahead of a cost of living election.
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 central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools.
The yields on Australian 10-year government ... previous quarter, the lowest rate since the pandemic. "There are notable uncertainties about the outlook for domestic economic activity and inflation.
SYDNEY: Australian inflation sped to a 21-year high last quarter and is likely to accelerate even further as food and energy costs explode, stoking speculation interest rates will need to more ...
SYDNEY: Australia’s quarterly inflation ... consensus that the government will hold the election after the RBA’s April 1 decision in the hope of securing at least one rate cut before the ...
This chart depicts the RBA cash rate and Australia's trimmed mean inflation (with target inflation ... Consumer spending has picked up thanks to the government's tax cuts while growth for public ...
Australia’s central bank on Tuesday cut interest rates for ... showed headline inflation in Australia fell to 2.4 per cent in the December quarter from 2.8 per cent in the previous three months.
MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools. The Reserve Bank of ...
Australia’s central bank on Tuesday reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation ... final days of the previous government’s tenure ...
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