Reserve Bank of Australia (RBA)

Australia’s Treasurer Backs RBA Governor for Public Solidarity with U.S. Fed Chair Amid Trump Administration Probe

Australia’s Treasurer on Friday expressed support for the country’s central bank head after she publicly stood in solidarity with U.S. Federal Reserve Chair Jerome Powell, describing her decision as “entirely appropriate.” The statement comes amid heightened tensions in the United...
Asian Stocks

Asian Shares Slide Amid Yen’s Rally and Inflation Concerns in Japan

Asian shares took a downturn on Friday, with the yen on track for its strongest weekly performance in four months. This followed Tokyo’s core inflation data for November, which revealed persistent price pressures and fueled speculation about a potential rate...
US Federal Reserve

US Federal Reserve Shrugs Off Political Tensions, Cuts Rates Amid Trump’s Election Win

The U.S. Federal Reserve reduced interest rates by a quarter-point on Thursday, unfazed by the political climate surrounding Donald Trump's election victory. The decision, which lowers the federal funds rate to a range of 4.50% to 4.75%, was met with...