Australia's central bank on Tuesday raised interest rates to a decade peak of 7 percent, as it struggled to keep inflation under control, and left the door open for even more hikes if the red-hot economy did not cool soon. Following its monthly board meeting, the Reserve Bank of Australi...
A rise or fall in the Cash Rate Target often also leads to a change in the interest rates for mortgages, loans and savings. It will often also affect the exchange rate of the Australian dollar. Central Banks interest rates and background information ...
Australia's central bank on Tuesday raised interest rates for a third straight month and flagged more ahead as it struggles to contain surging inflation even at the risk of triggering an economic downturn. Wrapping up its July policy meeting, the Reserve Bank of Australia lifted its cash rate b...
Additionally, economists expect producer prices to rise by 0.6% in Q1 after advancing by 0.9% in Q4. Hotter-than-expected producer prices could raise speculation about an RBA interest rate hike. Producers increase prices in a higher-demand environment, passing costs onto consumers. In Q1, ...
RBA Minutes Suggest Longer Rate Rise DelaySYDNEY: Another interest rate rise is still on the agenda, but its timing has been pushed back, the minutes of the central bank's June 7 monetary policy meeting indicate.The Chronicle (Toowoomba, Australia)...
摘要: Read the full-text online article and more details about "Interest Rates Rise to 4.75%; Horse Race That Stops the Nation Didn't Stop the RBA Increasing Cash Rate" - Sunshine Coast Daily (Maroochydore, Australia), November 6, 2010...
Interest rate cuts are also a positive for housing markets as they increase affordability with home buyers able to pay more with a given income. Australia’s capital city housing markets are clearly now in recovery mode following the pause in activity as a resul...
SYDNEY, Feb. 7 (Xinhua) -- Reserve Bank of Australia (RBA) Governor Philip Lowe made a speech on Wednesday afternoon where he indicated that the likelihood of a change in the official interest rate was now roughly evenly placed between a hike and a cut. ...
On Sunday, Treasurer of Australia Jim Chalmers stated that the new Budget would ease household pressure without driving inflation higher. Significantly, the government forecasts for inflation suggested the need for a less hawkish RBA rate path. The government forecasts inflation returning to th...
australia's central bank will hold interest rates steady on tuesday as a resilient labour market keeps inflation elevated, according to economists polled by reuters who pushed forecasts for the first cut to the second quarter of next year. the reserve bank of australia...