The Reserve Bank of Australia is set to release its policy statement at the end of its two-day meeting on Tuesday. Analysts expect the RBA to hold its official cash rate steady at 4.35%, with no expectations for a dovish pivot. While inflation for the fourth quarter of 2023 cooled to a...
Asia-Pacific markets tracked Wall Street gains on Monday as a softer-than-expected U.S. jobs report fueled hopes that the Federal Reserve could start cutting rates soon. Investors, meanwhile, awaited the Reserve Bank of Australia's rate decision on Tuesday and China's April trade data on Thur...
RBA decision changes cash dynamics.The article reports that the decision of Reserve Bank of Australia (RBA) to cut interest rates had been questioned by RABODIRECT for it could change cash dynamics of self-managed superannuation (SMSF) fund directors.Taylor...
(RBA Meeting calendar – Interest Rate Decision ) See your “local time” of these events inLive Economic Calendar >> MonthDateRelease Time(GMT)Event February402:30RBA Meeting – Interest Rate Decision March302:30RBA Meeting – Interest Rate Decision ...
The RBA has held rates steady for a year, judging the current cash rate of 4.35% - up from the 0.1% during the pandemic - is restrictive enough to bring inflation to its target band of 2-3% while preserving employment gains. The peak rate of 4.35% is lower ...
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There are few high-impact economic data announcementsthe economic calendarfor this week, with the highlight being an RBA rate decision on the schedule for later tonight. More pressing, however, is the possibility of risk-trend being triggered by themes around tariffs or trade wars; or the...
b) No discrimination on the basis of a person's medical status, make any employment decisions that negatively affect the person's employment status unless such decision is dictated by the inherent requirements of the job or is prudent for workplace safety. c) No discrimination against a worker...
TRADERS BUY AUSSIE CALLS AS RBA DECISION BOOSTS SPOT.Reports that United States securities traders begun buying Australian stocks following Reserve Bank of Australia's announcement that it will not raise interest rates.EBSCO_bspDerivatives Week