Cash-strapped mortgage holders hoping for immediate relief were dealt a blow on Wednesday, but further interest-rate relief is still a chance by the end of the year.
The RBA said the latest labour figures, along with early inflation data, suggest price pressures in the September quarter may ...
Businesses may soon feel emboldened to push their growing costs through to consumers, putting upward pressure on inflation.
In last week’s monetary policy decision, the Reserve Bank of Australia (RBA) decided to keep the official cash rate on hold, ...
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Australia's second-quarter inflation drops to lowest since March 2021, supporting case for rate cut
This was lower than the 2.2% expected by economists polled by Reuters. It is almost touching the lower band of the 2%-3% target set by the Reserve Bank of Australia. The most significant price rises ...
SYDNEY (Reuters) -Australian consumer prices rose at the fastest annual pace in a year in August after a hot July, suggesting some upside to inflation that prompted markets to pare back the chances of ...
Inflation could be higher than expected in the September quarter, the Reserve Bank of Australia has warned as prices have ...
SYDNEY—Australia’s inflation fell back to within the Reserve Bank of Australia’s target band for the first time since mid-2021, but the third-quarter data is unlikely to be a trigger for an immediate ...
SYDNEY (Reuters) -Australian consumer prices jumped by far more than forecast in July as electricity costs spiked due to the timing of government rebates, while core inflation also jumped in a blow to ...
Australia's first-quarter inflation rose 2.4% compared to the same period last year, staying at a four-year low. Stream Los Angeles News for free, 24/7, wherever you are. This was higher than the ...
The labour market has not hit that target since April and has only averaged 4,460 jobs created per month since then. At the ...
The U.S. dollar was steady on Friday, on course for a small weekly gain against major rivals as investors braced for delayed ...
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