RBA contemplated larger cash rate hike
The minutes of the Reserve Bank of Australia's May board meeting have indicated it is prepared to raise the cash rate by larger increments to tame inflation if neede...
Source: sheppnews.com.au
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ANZ-Roy Morgan Consumer Confidence drops 1.2 points to 89.3 – lowest since August 2020 as petrol prices increase again
ANZ-Roy Morgan Consumer Confidence dropped 1.2 points to 89.3 this week, a fourth straight weekly drop and is now at its lowest since August 15/16, 2020 (88.6) nearly two years ago. This is the longest series of declines in the index since that same month when Consumer Confidence dropped for seven straight weeks in June – August 2020.
Source: roymorgan.com
RBA interest rates: China's economic woes add to Reserve Bank's policy challenge
The deterioration in the Chinese economy is becoming a growing concern for the RBA as it assesses the magnitude and the pace of its monetary tightening in June.
Source: afr.com
Federal election winner to face months of rate rises
Anthony Albanese pledges $750 million in budget savings from cutting Coalition grants; John Howard says Anthony Albanese is not as good of a leader as Kevin Rudd. Follow updates here.
Source: afr.com
Pound to Australian Dollar Week Ahead Forecast: Road blocked by 1.78 as Wage and Job Data Eyed
The Pound vs Australian Dollar: Latest GBP/AUD Forecasts, News and Analysis
Source: poundsterlinglive.com