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Australia's Central Bank Cuts Rates, Points to Risks From Tariffs and Geopolitics
The Reserve Bank of Australia lowered its benchmark cash rate by 0.25 percentage point to 3.85%. Government-bond yields dropped and the Australian dollar weakened. “While recent announcements on tariffs have resulted in a rebound in financial market prices,
Australian central bank reduces benchmark interest rate to 3.85% in second cut this year
Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage for a second time this year, to 3.85% after inflation fell within a target range. The Reserve Bank of Australia reduced its cash rate from 4.
Reserve Bank of Australia Gov. Michele Bullock has signaled a willingness to act boldly if events demand it.
Through the post-Covid cost-of-living crisis, Australia’s central bank took a gentler approach than global peers to reining ...
From super changes to avoiding recession, federal Treasurer Jim Chalmers joins the podcast to discuss the government’s priorities when Parziament returns in July.
Australia’s central bank has cut its policy rate to 3.85% as inflation concerns in the country continue to recede.
These days Australia is not suffering declining terms of trade (the difference between the prices of exports and imports), although it might if Trump manages to destroy the Chinese economy ...
According to the report, Australia has long benefited from favourable economic, geopolitical and demographic conditions. Its cities are ranked as some of the most livable in the world and it ...
Whoever wins Saturday’s Australian federal election will face an inescapable reality: The three pillars of the nation’s 30-year outperformance that gave rise to its “miracle economy ...
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