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Australia's central bank on Tuesday trimmed its forecasts for inflation and economic growth but signaled demand was still running ahead of supply, suggesting it would be in no rush to cut interest... -February 05, 2024 at 10:36 pm EST - MarketScreener
Australia's central bank held interest rates steady on Tuesday as expected, but cautioned that a further increase could not be ruled out given inflation was still too high. Wrapping up... -February 05, 2024 at 10:32 pm EST - MarketScreener
Australian retail sales volumes rose at a snail's pace in the December quarter as punishing mortgage repayments and declining real incomes ate into spending power, data showed on Tuesday. ... -February 05, 2024 at 07:35 pm EST - MarketScreener
SYDNEY (Reuters) -Australia's central bank held interest rates steady on Tuesday as expected, but cautioned that a further increase could not be ruled out given inflation was still too high and it needed to see more evidence that price pressures were cooling. The hawkish tone of the central bank's statement boosted the Australian dollar and saw futures push out the likely timing of a first easing to later in the year.. Wrapping up its February policy meeting, the Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35%, having last lifted them by a quarter point in Nov...
The Australian and New Zealand dollars scrambled from lows on Friday as a sharp rally on Wall Street rescued risk sentiment, though both look vulnerable as their domestic economies continue to... -February 01, 2024 at 08:48 pm EST - MarketScreener