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SYDNEY (Reuters) -Australia's central bank on Tuesday ruled out the possibility of an interest rate cut this year, saying core inflation is expected to come down only slowly, after it held interest...
SYDNEY (Reuters) - The head of Australia's central bank on Tuesday ruled out rate cuts in the near term, saying policy had to remain restrictive to bring stubborn core inflation to heel. Speaking...
Investing.com-- The Reserve Bank of Australia kept interest rates steady on Tuesday, as expected, and said that it will need to keep monetary conditions tight to combat persistent inflationary...
Investing.com – Australia stocks were lower after the close on Monday, as losses in the IT, Financials and A-REITs sectors led shares lower. At the close in Sydney, the S&P/ASX 200 declined 3.70% to...
Investing.com-- The Reserve Bank of Australia is widely expected to keep interest rates unchanged at the conclusion of a meeting on Tuesday, especially after recent inflation data showed mild...
Investing.com – Australia stocks were lower after the close on Friday, as losses in the Consumer Discretionary, A-REITs and IT sectors led shares lower. At the close in Sydney, the S&P/ASX 200 lost...
SYDNEY (Reuters) - The Australian dollar was pinned near three-month lows on Friday as weak U.S. data fuelled fears of a sharp slowdown in the world's largest economy, sending investors to the...
Investing.com-- The Reserve Bank of Australia is no longer expected to hike interest rates in 2024 following some signs of easing inflation in the second quarter, Rabobank analysts said, although...
By Devayani Sathyan BENGALURU (Reuters) - The Reserve Bank of Australia will hold interest rates on Tuesday at near a 13-year high and wait until the first quarter of 2025 before reducing them,...
Investing.com-- Australia’s trade balance grew slightly more than expected in June, aided by a steady increase in exports of iron ore and other key commodities, although the trade surplus still...
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