Short-Term Forecast Near-term AUD/USD trends will hinge on the US Personal Income and Expenditures Report. Better-than-expected numbers could reduce further investor expectations of a September Fed rate cut. However, Australian producer prices will influence investor sentiment toward the RBA ...
The article presents a forecast which examines the possibility that the Reserve Bank of Australia (RBA) will raise its interest rates in 2008. Many industry observers expect that RBA might increase its interest rates due to inflation. It states that the bank is set to hold a meeting in early...
Short-Term Forecast: The near-term trend for the AUD/USD will hinge on the Australian Monthly CPI Indicator and the US Personal Income and Outlays Report. Higher Australian inflation numbers and softer US inflation could encourage speculation about an RBA rate hike and a Fed rate cut. The A...
Quick Headlines via Reuters: Reserve Bank of Australia says forecast for Australian economy largely unchanged Says judged steady policy consistent with growth, inflation targets Expects economy to grow at an annual 3pctrate over the next few years Says higher AUD is restraining price pressures Says i...
This CPI calculation methodology was proposed by the Reserve Bank of Australia. The RBA's governing council needs the most objective assessment of consumer inflation. In turn, it is consumer inflation that is considered one of the main factors in the RBA's interest rate change. ...
Importance: Release Date: Nov 05, 2024 Currency: AUD Country: Australia Source Of Report: Reserve Bank of Australia The Reserve Bank of Australia's (RBA) quarterly monetary policy statement provides valuable insight into the bank's perspective on economic conditions and inflation. Show more...
Last releaseImportanceActualForecast Previous 29 Jan 2025 00:30 GMT323.8% 3.8% Next releaseDaysActualForecast Previous Overview Chart History Widget Reserve Bank of Australia (RBA) Weighted Median Consumer Price Index (CPI) y/y reflects the change in prices for goods and services in the reported ...
The rate cut is either in 11-12 or early next year. Whereas Economics All kinds of information are very bad. Goldman Sachs reduced the forecast of GDP growth in Australia to 2% in 2016, and reiterated that the future economy would have a risk of 1/3 probability recession. ...
However, the analysts said Australia’s inflation data was better than they had expected, and compared to the US, the country’s economy had slowed more with the labor market softening substantially. As such, they forecast no change to the RBA’s rate of 4.35%. ...
• The RBA will likely take comfort that inflation appears to be falling in line with, or a touch faster than, its May forecasts. The RBA forecast Q2 headline inflation of 6.3% YoY and trimmed mean of 6.0%, each 0.1ppt above our forecast. • While the August meeting is live, an ...