12:35:03
Reserve Bank of Australia: There is a high degree of uncertainty in the global economic outlook.
12:34:58
RBA: The gap between aggregate demand and aggregate supply in the economy is wider than previously thought.
12:34:42
Reserve Bank of Australia: Global financial market volatility has intensified recently and the Australian dollar has depreciated.
12:34:39
RBA: It will take some time before inflation returns to target on a sustainable basis.
12:34:27
Analyst Katia Dmitrieva: On inflation, the RBA predicts that inflation will return to target more slowly than before and emphasizes that underlying inflation is still too high. In my opinion, this is a fairly hawkish view.
12:34:00
RBA: Forecasts were finalised prior to recent global market volatility.
12:33:46
Reserve Bank of Australia: The official cash rate is forecast to be 4.3% in December 2024, 3.6% in December 2025 and 3.3% in December 2026.
12:33:31
Reserve Bank of Australia: GDP is expected to grow by 1.7% in December 2024, 2.5% in December 2025 and 2.4% in December 2026.
12:33:15
Reserve Bank of Australia: Will rely on data and evolving risks to guide decisions.
12:33:14
RBA: Momentum in economic activity has been weak.
12:33:12
RBA: Wage growth appears to have peaked, but remains above levels that can be sustained given trend productivity growth.
12:33:09
Reserve Bank of Australia: The Consumer Price Index (CPI) is expected to be 3.0% in December 2024, 2.8% in June 2025, 3.7% in December 2025 and 2.6% in December 2026.
12:32:55
RBA: The revised average inflation rate is expected to be 3.5% in December 2024, 2.9% in December 2025 and 2.6% in December 2026.
12:32:16
The Reserve Bank of Australia raised its forecasts for gross domestic product (GDP) growth, unemployment and core inflation.
12:20:00
The Reserve Bank of Australia will announce its interest rate decision and monetary policy statement in ten minutes.
12:12:36
In an interview with RIA Novosti, Palestinian President Abbas said that the Gaza Strip must return to the control of the legitimate Palestinian Authority.
11:52:08
The MSCI Asia Pacific Index rose 4% to 172.77 points.
11:48:43
US Vice President Harris has officially won the Democratic presidential nomination.
11:39:19
Philippine central bank governor: If economic growth is unexpectedly weak and projections of future inflation expectations show that inflation will be lower, we can consider cutting interest rates.
11:33:13
Traders: The Reserve Bank of India may have intervened in the non-deliverable forward (NDF) market to support the rupee.
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