Reserve Bank of Australia (RBA)

RBA Warns Borrowers Against Expecting Rate Cuts Soon as Inflation Eases Slightly

The Reserve Bank of Australia (RBA) has signalled that borrowers should not expect any quick relief on interest rates, despite November’s unexpectedly soft inflation figures. Data released on Wednesday by the Australian Bureau of Statistics (ABS) showed the consumer price...
Australian dollar

Australian Inflation Falls More Than Expected to 3.4% in November, Raising Questions About Timing of Reserve Bank Rate Hikes

Inflation in Australia fell more than expected in November, offering a potential reprieve for households and financial markets, yet economists warn that price pressures remain elevated, leaving interest rate decisions uncertain. Data released by the Australian Bureau of Statistics on...
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...