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RBA could be cutting rates within a year as Michele Bullock takes the helm - Vimarsana News

RBA could be cutting rates within a year as Michele Bullock takes the helm

Michele Bullock faces a slow economy and the job of overhauling the RBA when she becomes the first woman to head the bank, as economists tip rate cuts in 2024.

Global 'shocks' affecting Australia's economic outlook - Vimarsana News

Global 'shocks' affecting Australia's economic outlook

The global economy is struggling to deal with the overlap from many different

Source: wn.com
RBA: Higher interest rates on the cards ahead of key inflation data - Vimarsana News

RBA: Higher interest rates on the cards ahead of key inflation data

While inflation around the world is expected to have slowed last month, the market expects more tightening from central banks.

Source: afr.com
Australia recession risk heightens after RBA warns of bumpy path to low inflation - Vimarsana News

Australia recession risk heightens after RBA warns of bumpy path to low inflation

For a year, Reserve Bank of Australia Governor Philip Lowe has been talking of successfully navigating a narrow path to lower inflation while keeping unemployment near 50-year lows

Source: zawya.com
Australia recession risk heightens after RBA warns of bumpy path to low inflation - Vimarsana News

Australia recession risk heightens after RBA warns of bumpy path to low inflation

The risk of Australia's economy slipping into recession has risen sharply, after the central bank surprised markets this week by raising rates and warned it could tighten again to tamp down on high inflation even at the cost of preserving jobs.