Australian consumer sentiment is still firmly in deeply pessimistic territory despite a slight recovery in June, reflecting concerns still-high...
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These days every word of every statement from the Reserve Bank Governor Michele Bullock is pored over in minute detail – as is every word uttered at her press conference after each Reserve Bank board meeting. Desperate for signals about what the bank will do next, market economists examine every comma, and every adjective, for...
Australian consumer sentiment is still firmly in deeply pessimistic territory despite a slight recovery in June, reflecting concerns still-high...
Homeowners are cutting debts amid “acute” pressure on their finances as the Reserve Bank wages war on inflation, a top executive has acknowledged.
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
After the Reserve Bank kept interest rates on hold last week, it will get further clues on inflation and how well interest rate hikes are working.
Recently-disrupted LockBit ransomware group, in a desperate attempt to make a comeback, claimed this week that it had hit the Federal Reserve, the...
Even though prices fell in May, overall inflation has lifted to a six-month high of 4 per cent. Mortgage holders face a nervous wait for the Reserve...
The official interest rate has remained unchanged at 4.35 per cent following the Reserve Bank of Australia’s (RBA) board meeting this month.
Economists are predicting a slight decrease in Tuesday's inflation numbers, giving the central bank further room to cut its policy rate
The Reserve Bank is supposed to have a handle on how the economy will perform over the next two years. Its minutes show it doesn’t.
The bank's caution in making sure inflation is under control comes as the U.S. Federal Reserve holds off on cutting rates from current highs.