Australia’s central bank raised its key interest rate for a second straight meeting on Tuesday, stepping up its battle ...
The Australian dollar swung sharply against its U.S. counterpart after the RBA’s decision.
Reserve Bank Governor Michelle Bullock has warned Australians that she can’t rule out a recession if the war in the Middle ...
Michele Bullock and the RBA board have a tough decision to make today. Source: Yahoo Finance Australia/ Getty Hello and ...
The AUD/USD has turned volatile, with commodity strength providing support while rising risk aversion, driven by stagflation ...
The RBA has hiked the cash rate target by 0.25% to 4.1%, as persistent inflation, oil price volatility, and resilient ...
The Reserve Bank has lifted interest rates by 0.25 percentage points as the war in the Middle East sends oil, gas, and petrol prices soaring.
RBA monetary board members voted 5-4 to raise the cash rate 4.1 per cent as the Middle East conflict threatens to supercharge ...
Monetary policy is well placed to respond to developments and the board is focused on its mandate to deliver price stability ...
Prior to the conflict in the Middle East, though, markets were already leaning toward an RBA rate hike at Tuesday's meeting. As things stand, market participants and economists are still leaning ...
The mess in the Middle East is not its fault, nor is the government’s spending. But failure to tackle inflation in the last few years has put it in a tight spot.
The second rate hike this year will add another $100 a month to the average mortgage, just as fuel prices are surging.