SYDNEY, Jan 8 (Reuters) - A top Australian central banker said on Thursday that a slowdown in consumer price inflation for November was "helpful", but largely as expected and inflation was still too ...
Mortgage holders could face a brutal double blow, as inflation returns and the unemployment rate will likely jump.
Fresh employment data has thrown a spanner in the works for the Reserve Bank that could keep the case for an interest rate hike in the coming months alive.
Australia’s core inflation slowed in November, supporting the case for the Reserve Bank to keep interest rates unchanged for now as it assesses the impact of earlier policy easing.
Australia's central bank cut its policy rate by 25 basis points to the lowest in two years as inflation concerns in the country continue to recede, giving room for the bank to ease monetary policy.
SYDNEY (Reuters) -Australia's central bank on Tuesday left its cash rate steady as expected at 3.60%, saying recent data suggested inflation might be higher than forecast in the third quarter and that ...
SYDNEY, Dec 16 (Reuters) - Australia's consumer sentiment ‌slid in December after turning ‌positive for the first time in four years the previous month, as households grappled with renewed angst over ...
Against this backdrop, policymakers judged it prudent to maintain a cautious stance and reassess policy as fresh data emerge. The Reserve Bank of Australia unanimously kept its cash rate unchanged at ...
SYDNEY--Australian consumer prices surged in the third quarter, scuttling any hope of a further interest rate cut this year, and potentially in 2026. The consumer price index rose 1.3% on quarter and ...
Australian home buyers battling to pay off mortgages have no possibility of even any limited relief through a cut in interest rates for the foreseeable future. The latest inflation numbers released on ...