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Australia Central Bank Keeps Key Rate Unchanged

The Reserve Bank of Australia left its benchmark interest rates unchanged, as widely expected, on Tuesday. The policy board of the RBA, led by Governor Michele Bullock, decided to maintain the cash rate target at 4. ....

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Australia Central Bank Holds Rate At 12-Year High; Hawkish On Future Path

The Reserve Bank of Australia decided to keep its benchmark interest rate unchanged as expected on Tuesday but suggested that another rate hike cannot be ruled out, pushing forward the market expectations about the timing of the policy easing to the second half of the year. ....

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RBA Board Has Low Tolerance For Higher Inflation, Minutes Show

The board of the Reserve Bank of Australia has a low tolerance for a slower return of inflation to the 2-3 percent target than expected, the minutes of the monetary policy meeting held on October 3 said Tuesday. ....

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Australia Central Bank Hikes Rate By 25 Bps

Australia's central bank unexpectedly raised its benchmark interest rate by a quarter-point on Tuesday. The monetary board of the Reserve Bank of Australia decided to hike the cash rate target by 25 basis points to 3. ....

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