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Hash Tag (#RateCut)

3 months ago

Inflation holds steady in January in Australia.

Australia's Annual Inflation Holds Steady in January, Energy Rebates Offset Price RisesAustralia's annual inflation rate remained stable at 2.5% for the 12 months leading to January, in line with December figures, despite rising prices in other areas. The result slightly missed the 2.6% increase that economists had anticipated for the...

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3 months ago

"RBA Didn't Want to Cut Rates Too Late, Says Governor"

RBA Governor Michele Bullock Explains Rate Cut Decision Amid Inflation DeclineReserve Bank of Australia (RBA) Governor Michele Bullock has acknowledged the RBA's slow response in raising interest rates to combat rising inflation in the past, and emphasized the Bank’s desire not to make the same mistake when cutting rates. Speaking before...