Australia, headline inflation
Australia inflation slows to 3-yr low in Aug, core still above target
Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity and a drop in petrol, while core inflation hit its lowest level since early 2022 in a sign costs were cooling.
Australia’s Headline Inflation Rate Falls Back to Target
Australia’s headline inflation rate fell within the Reserve Bank of Australia’s target band for the first time since 2021 in August, but economists warn that this won’t trigger an immediate interest-rate cut.
Australia's Central Bank Keeps Cash Rate at 4.35%
Wrapping up its September policy meeting, the Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35% and said policy would have to be sufficiently restrictive to ensure inflation returned to target.
Australia's central bank keeps rates on hold, stays hawkish
Australia's central bank on Tuesday held interest rates steady as expected and reiterated that policy needed to stay tight, sticking to its guns a week after the Federal Reserve started its easing campaign with a bang.
Australia’s Central Bank Keeps Rates on Hold, Defying Global Trend
The Reserve Bank of Australia kept interest rates steady, deepening a split with global counterparts including the Federal Reserve that are loosening policy as they grow increasingly confident that inflation is under control.
Inflation FALLS within the Reserve Bank target
Headline inflation has fallen into the Reserve Bank's 2 to 3 per cent target for the first time in three years. Here's why it won't mean an early rate cut.
Headline inflation expected to fall within RBA’s target band
Sky News Business Reporter Edward Boyd says headline inflation is expected to fall within the Reserve Bank’s target band of two to three per cent. The monthly inflation numbers for August will be released on Wednesday morning.
Australia CPI inflation slows to 3-year low of 2.7%
Australian consumer price inflation slowed to a three-year low in August due to government rebates on electricity and a drop ...
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Australia stocks lower at close of trade; S&P/ASX 200 down 0.13%
Australia stocks were lower after the close on Tuesday, as losses in the Financials, Consumer Staples and Healthcare sectors ...