12:48:17
Chevron exec: will work hard to find solution to LNG strike threat.
12:35:02
Reserve Bank of Australia: Recent data are consistent with inflation returning to target.
12:34:49
Reserve Bank of Australia: The unemployment rate is expected to gradually rise to 4.5% by the end of 2024.
12:34:39
Reserve Bank of Australia: There is uncertainty about the lag in the effects of monetary policy.
12:33:43
Reserve Bank of Australia: The Board will assess global economic, household spending and inflation data.
12:33:27
Reserve Bank of Australia: The outlook for household consumption also remains uncertain.
12:33:16
RBA: The economy is experiencing a period of below-trend growth that is expected to continue for some time.
12:33:05
RBA: Overseas services price inflation has unexpectedly persisted, and the same could happen in Australia.
12:32:55
Reserve Bank of Australia: Prices for many services are rising rapidly and rental inflation is also high.
12:32:30
Reserve Bank of Australia: Inflation is expected to remain within the target range of 2%-3% by the end of 2025.
12:32:16
Reserve Bank of Australia: Inflation remains too high and will remain high for some time.
12:32:03
Reserve Bank of Australia: Inflation in Australia has reached its peak.
12:31:44
Reserve Bank of Australia: Pausing interest rate hikes will provide time to assess the impact of interest rate hikes.
12:31:34
The Reserve Bank of Australia remains on hold, and the Australian dollar AUD/USD has little short-term fluctuations, currently at 0.6428.
12:31:31
Reserve Bank of Australia: High inflation puts pressure on real incomes.
12:31:19
RBA: Raising interest rates is an effort to create a more sustainable balance of supply and demand in the economy.
12:30:58
Reserve Bank of Australia: Determined to restore inflation to target level.
12:30:29
RBA: Monetary policy may need to be tightened further.
12:30:15
[The Reserve Bank of Australia continues to suspend interest rate increases and remains on hold for the third consecutive time] The Reserve Bank of Australia has suspended interest rate increases for the third consecutive time and maintained the benchmark interest rate at 4.1%, maintaining the highest level since 2012, in line with market expectations. This meeting is the last meeting chaired by current RBA Chairman Lowe. Current Vice Chairman Bullock will take over as the next chairman of the Federal Reserve on the 18th of this month.
12:30:05
In Australia, the RBA interest rate will be decided at 4.1% on September 5, which is expected to be 4.10% and the previous value was 4.10%.
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