Reserve Bank of Australia (RBA)

Australia’s Central Bank Signals Possible Rate Cut Amid Softening Economic Data

The Reserve Bank of Australia (RBA) is inching closer to joining other major central banks in cutting interest rates, signaling a shift from its year-long period of monetary policy restraint. The decision to hold the cash rate steady at 4.35%...
Australia employment market

Australia’s Hiring Surge and Steady Unemployment Rate: A Catalyst for Delayed Interest-Rate Cuts

Australia’s employment market remained impressively robust in September, according to the latest data released on Thursday, showcasing a sustained growth in hiring and a stable unemployment rate. The new figures triggered a sharp rise in the Australian dollar and bond...