rba

Australia's inflation spikes 1.2% due to fuel prices

Witriyani Wed, 25 Oct 2023

Australia's inflation increased in the September quarter due to rising gasoline prices, adding pressure on the Reserve Bank to raise interest rates. The core consumer price index rose 1.2% fr

Australia's Unemployment Rate Falls to 3.6% in September

Witriyani Thu, 19 Oct 2023

The unemployment rate in Australia fell to 3.6% last month, despite employers cutting 39,900 full-time jobs. This has led many to believe that the Reserve Bank may need to raise interest rates to cool

RBA Interest Rate: Held at 4.1% for 4 Consecutive Months

Witriyani Tue, 03 Oct 2023

RBA Interest Rate - In today's meeting, the Board decided to maintain the cash rate target at 4.10% and the interest rate on Exchange Settlement balances at 4.00%, with no changes. Since May

RBA Pauses Rate Hike to Watch Inflation Impact

Witriyani Tue, 04 Apr 2023

On Tuesday, the Reserve Bank of Australia (RBA) decided to keep interest rates at 3.6%, ending a run of 10 consecutive rate hikes. Central Bank of Australia The decision came aft