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...
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...