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When asked whether Trump's policies would mean higher interest rates for longer in Australia, Bullock said she did not have a view on that. Australia's central bank has held its policy steady for a year, judging the current cash rate of 4.35% - up from the 0.1%...
Down Under, theASX 200fell 50.28 points, or 1 percent, to 4,993.30, extending declines after theReserve Bank of Australia's (RBA) decision to keep interest rates on hold at a record low of 2 percent. The energy sector saw the biggest loss, slipping 3.24 percent, following extended loss...
2 hours ago Stock Market Today: Stocks bounce from hawkish Fed rate cut slump The S&P 500 suffered its biggest post-Fed decision slide on record Wednesday. ^IN Stock Investing News, Analysis and Tips Dec 18, 2024 1:57 PM EST Analyst unveils top tech stocks to buy for 2025 ...
The Reserve Bank of Australia’s (RBA) governor Michele Bullock said today (November 28) that economic activity was stronger than expected, despite tighter monetary policy. “We have been surprised by a little bit on the strength of activity recently,” Bullock sad. Services infl...
The Fed's decision to cut interest rates by 50 basis points was, to put it bluntly, an early Christmas present for fixed income investors. The dot plot, which demonstrates the Fed's own forecasts for where interest rates are likely to move in the future,...
The ASX fell today, around 1% to kick off the new week and new month following a bigger fall on Wall Street Friday thanks to weakness in technology/growth. The RBA is set to increase rates tomorrow, the only real argument being by how muc...
AUD/JPY rises to a fresh session high of 76.95 after RBA keeps rates unchanged. The rate decision was expected to be a non-event for the markets. Coronavirus optimism, upbeat economic data propel AUD/JPY higher. AUD/JPY is extending gains following the Reserve Bank of Aust...
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A number of other smaller issues were being worked through with Taylor, Chalmers said. The RBA has already adopted some of the recommendations from the review, including having fewer but longer policy meetings and holding a media conference after each decision. However,...