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Australia, central bank and rate

Australia central bank cuts inflation forecast, labour market still tight

Australia's central bank expects underlying inflation to fall faster than previously expected as it downgraded the economic outlook, although a still tight labour market is likely to create some lingering price pressures.

Hosted on MSN · 17h

Australia's central bank cuts rates for the first time in more than four years, flags economic uncertainties

The central bank had held its policy rate steady at 4.35% since November 2023, following an extended period of 13 rate hikes to tame inflation at home.

IBTimes UK on MSN · 16h

What It Means That RBA Interest Rate In Australia Is Cut To 4.1%, Plus Important Updates To Know

RBA cuts rates to 4.1% to balance inflation fight with growth concerns. What does it mean for your wallet, the AUD, and the economy?

12h

Rate cut signals Australia has passed inflation's worst: treasurer

An interest rate cut shows Australia is pastthe worst on inflation, says treasurer:: Canberra, AustraliaJim ...

20h

Anthony Albanese says inflation within RBA’s target band, silent on rate cut prediction

Anthony Albanese has appeared hopeful of a rate cut, stating inflation has been driven down to the target “band that the ...

9d

Inflation has fallen in Australia and NZ, but which is faring better?

Australia's and New Zealand's central banks have used different strategies to kill inflation. New Zealand's now in recession, ...

13h

RBA offers rates relief but won’t declare victory over inflation

In delivering a widely expected interest rate cut the Reserve Bank has carefully managed expectations of further interest ...

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