RBA’s Bullock: Discussed upside inflation risks had eased but not gone away

Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking at the press conference, following the announcement of the December monetary policy decision on Tuesday.

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RBA’s Bullock: We did not explicitly consider an interest rate cut today

We looked at what we found since the previous meeting And used that to ask the question whether the current policy stance is appropriate or not The discussion was mostly…

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Australian October business confidence 5 vs. prior -2

National Australia Bank monthly survey of business, for October 2024 Business Confidence +5, highest in nearly two years prior -2 Business Conditions +7 prior+7 — Some of the sub indexes:…

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RBA’s Bullock: Believe rates need to stay restrictive for time being

Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking at the press conference, following the announcement of the November monetary policy decision on Tuesday.

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Australia’s central bank bars Canadian investment bank from private briefings after leak – sources

Original source: https://www.investing.com/news/stock-market-news/australias-central-bank-bars-canadian-investment-bank-from-private-briefings-after-leak–sources-3641814

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Australian Dollar steady as hawkish RBA makes the Aussie gain interest

The AUD/USD pair experienced an increase of 0.40% during Friday’s session, settling near 0.6950.

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RBA Governor Stresses Optionality amid Risks to Inflation and Growth

The RBA maintained a slight hawkish bias on Tuesday, holding interest rates despite rising unemployment and signs pointing to subdued growth in Q2. Focus on stubborn CPI

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Australian Dollar Q3 Fundamental Forecast: Mixed AUD Outlook as China’s Growth Concerns Clash with Resurgent Aussie Price Pressures

The negative knock-on effects from China’s economic frailties are likely to be pushed Aside After Aussie inflation Demanded a hawkish Response from the Reserve Bank of Australia

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AUD/JPY remains on the defensive above 104.00, moves little after RBA decision

The AUD/JPY cross attracts some sellers following an Asian session uptick on Tuesday and stalls the overnight bounce from the 103.60-103.55 area or a multi-day low.

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Markets Week Ahead: BoE, SNB, RBA Deliberate on Rates

Three major central banks meet this week with a large focus on the UK as the improving CPI trend could usher in a dovish tone from the BoE. RBA to…

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