Por: RTTNews Business September 19, 2023
Policymakers of the Reserve Bank of Australia discussed raising the interest rate by a further quarter point at the September meeting, the minutes of the meeting showed Tuesday.At the final policy-setting meeting of Philip Lowe as governor, board members considered both lifting the rate by 25 basis points and holding the cash rate target at 4.10 percent. The case to raise the interest rate was based on the assumption that inflation will remain... + full article
MarketWatch USA Business August 04, 2023
Inflation peaked at an annual rate of more than 8.0% in 2022, but has since eased back to come in at 6.0% on year in the second quarter. “The board’s current assessment is that the risks around the inflation rate are broadly balanced,” the RBA said in its latest statement... + más
Australia Picks Michele Bullock As First Female RBA Governor | RTTNews
Reserve Bank of Australia still jittery about stubborn inflation risks | MarketWatch
RTTNews USA Business July 14, 2023
The Reserve Bank of Australia is set to have its first female governor in its 63-year history after Deputy Governor Michele Bullock was selected to replace the incumbent Philip Lowe whose term was not renewed, as widely expected, after the central bank came under severe public... + más
RTTNews USA 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... + más
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
Tourism Australia Introduces ‘Come And Say G’day’ Global Campaign | Forbes
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
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