Por: RTTNews Business June 06, 2023
The Reserve Bank of Australia unexpectedly raised its key interest rate for a second policy session in a row as policymakers assessed inflation as high and considered the risk of high inflationary expectations feeding into wage increases and prices. The central bank also signaled that more tightening may be required in the future to bring inflation back to the target of 2-3 percent.The RBA Board, led by Governor Philip Lowe, raised the cash rate... + full article
MarketWatch USA Business May 05, 2023
Stubborn services price inflation and the risk that wages grow by more than expected in an economy where productivity growth has been negligible for three years is ensuring that the RBA remains cautious about inflation risks. “The longer inflation remains above target, the... + más
Reserve Bank of Australia still jittery about stubborn inflation risks | MarketWatch
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MarketWatch USA Business March 21, 2023
The minutes also showed the RBA board acknowledged that monetary policy was now restrictive and that the economic outlook was uncertain. The considerations meant it would be appropriate at some point to hold the cash rate steady to assess more fully the effect of interest rate... + más
RBA Prepares Ground for a Pause in Rate Hikes in April | MarketWatch
RBA slows pace of rate increases as household budgets tighten | MarketWatch
MarketWatch USA Business February 10, 2023
The RBA also cut its forecast for trimmed mean inflation by the end of 2024 to 3.0% from 3.25%. The downward shift reflects the expected impact of recent government policy changes to ease the pain of soaring energy prices for consumers, the RBA said. But while its medium-term... + más
RBA Lowers Medium-Term Inflation Forecasts But Stays Hawkish | MarketWatch
MarketWatch USA Business November 28, 2022
RBA, which manages more than $14 billion using global macro-based strategies and investing primarily in exchange-traded funds, notes that some non-U. S. markets have outperformed despite the strength of the U.S. dollar. The U.S. Dollar Index (ticker: ) is up nearly 11% this... + más
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MarketWatch USA Business October 04, 2022
The increase is the sixth in succession since May. It follows 50-basis-point rises in June, July, August and September. “One source of uncertainty is the outlook for the global economy, which has deteriorated recently,” RBA Gov. Philip Lowe said in a statement. “Another is... + más
Australia's Financial System Remains Resilient: RBA | RTTNews
Aussie slides as RBA opts for smaller hike; sterling marks new high | CNBC
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