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Australia's Central Bank Cuts Rates, Points to Risks From Tariffs and Geopolitics
The Reserve Bank of Australia lowered its benchmark cash rate by 0.25 percentage point to 3.85%. Government-bond yields dropped and the Australian dollar weakened. “While recent announcements on tariffs have resulted in a rebound in financial market prices,
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Analysis-Australia's New Haul of Chinese Online Goods Helps Tame InflationGoldman Sachs has estimated the redirection of Chinese goods into Australia, particularly in toys, furniture and clothing, ...
This week on the podcast, Rebecca Jones speaks to Bloomberg Economics’ James McIntyre about the outlook for interest rates, ...
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In particular, he was struck by how upbeat Australian firms were about their business outlook in China. Firms in the steel ...
Australia’s central bank has cut its policy rate to 3.85% as inflation concerns in the country continue to recede.
Through the post-Covid cost-of-living crisis, Australia’s central bank took a gentler approach than global peers to reining ...
The RBA has emphasized in its previous monetary policy statement that bringing inflation to its 2% to 3% target range ...
Commonwealth Bank of Australia’s head of Australian economics Gareth Aird has admitted the bank is still “on alert” over ...
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