Por: RTTNews Business October 25, 2023
Faster-than-expected inflation is likely to force the Reserve Bank of Australia to deliver a 25 basis point rate hike in November, which could be the last in the current tightening cycle. Consumer prices posted a sequential growth of 1.2 percent, faster than the 0.8 percent increase in the second quarter, the Australian Bureau of Statistics reported Wednesday. Economists had forecast an annual rate of 1.1 percent. The most significant... + full article
MarketWatch USA Business October 03, 2023
The RBA maintained the cash rate at 4.10%, representing its fourth consecutive meeting on hold. The decision was widely expected by economists despite an uptick in inflation to 5.2% in the 12 months to August, from 4.9% in July. In a commentary accompanying the rates decision,... + más
Australia Picks Michele Bullock As First Female RBA Governor | RTTNews
Reserve Bank of Australia still jittery about stubborn inflation risks | MarketWatch
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
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
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