Anthony Albanese is hoping for interest rate cuts before the 2025 election. But a strong jobs market makes a rate cut decision tougher for the RBA.
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The hopes for a December rate cut were slim leading into today’s meeting, with financial markets giving just a 6% chance of a rate cut in December. That’s not surprising given the rise in the monthly inflation indicator through October to 3.5%, alongside ongoing tightness in labour markets, where the unemployment rate has held around...
Anthony Albanese is hoping for interest rate cuts before the 2025 election. But a strong jobs market makes a rate cut decision tougher for the RBA.
Anthony Albanese is hoping for interest rate cuts before the 2025 election. But a strong jobs market makes a rate cut decision tougher for the RBA.
The RBA is more confident that inflation is moving sustainably toward target but it’s still too soon to conclude the battle is won given a recent...
The U.S. Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of cuts ahead, brushing off...
In the December MPC meeting, four members opposed policy easing, making a February rate cut uncertain. Outgoing Governor Das and Deputy Governor...
In the December MPC meeting, four members opposed policy easing, making a February rate cut uncertain. Outgoing Governor Das and Deputy Governor...
storeys.com ‘Story of the Year’ is part of STOREYS' annual editorial year-end series. You can find the rest of our 2024 selections here as...
Financial markets don’t expect a cut until April but a fall in the Australian dollar on Monday suggests confidence one is on the cards
Financial markets don’t expect a cut until April but a fall in the Australian dollar on Monday suggests confidence one is on the cards
A gangbusters national jobs report could scupper hopes of rate cut next year, but some experts reckon WA is poised to enjoy ‘the best of both...