Financial markets and economists had been leaning towards the possibility of an interest rate rise, as inflation proved ...

The inflation reading comes after Reserve Bank of Australia Deputy Governor Andrew Hauser said in an interview that inflation ...

Australia’s big four banks are now unanimously tipping a rate hike for Tuesday next week after inflation soared even further ...

By Stella Qiu SYDNEY, Jan 28 (Reuters) - Australia's underlying inflation ran at a faster-than-expected pace in the December quarter, adding to a recent slew of hot economic data that has investors ...

MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage for a second time this year, to 3.85% after inflation fell within a target ...

With the Fed under pressure to cut interest rates more, its counterpart in Australia is facing a different dynamic with ...

The Reserve Bank of Australia on Tuesday cut benchmark interest rates for the first time in over four years, finally joining ranks with other major global central banks, as softening inflation allows ...

FILE - People arrive at the Reserve Bank of Australia in Sydney, Dec. 6, 2022. (AP Photo/Rick Rycroft, File) (Rick Rycroft, Copyright 2022 The Associated Press. All ...

Australia's economy grew less than expected in the first quarter this year. The Reserve Bank of Australia slashed rates to its lowest level in two years at its last meeting in May. Inflation in the ...

The review of the Reserve Bank of Australia, which has been criticized for responding too slowly to worsening price pressures, could lead to a change in the way the bank communicates with markets.

SYDNEY, Jan 27 (Reuters) - A measure of Australian business conditions picked up in December as sales and profits improved, a ...

MELBOURNE, Australia — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage point for a third time this year to 3.6%, with inflation tamed and economic ...