Tag
RBA
6 articles
Australia's 4.5% July Jobless Rate Kills RBA Hike Odds
Unemployment rose above consensus, signaling the central bank will pause rate action at its September meeting and ending a tightening cycle.
Australia Home Prices Post Largest Monthly Drop Since 2022 as Downturn Spreads
National property values fell 0.7 percent in July, their steepest monthly decline in two and a half years, as weakness spread from Sydney and Melbourne to Brisbane and Adelaide.
Australia Home Prices Fall 0.7% in July, Biggest Monthly Drop Since Dec. 2022
RBA Assistant Governor Chris Kent says softening housing market is tightening financial conditions after three rate hikes and tax policy changes.
RBA Set to Hold 4.35 Percent Cash Rate — Futures Price 58 Percent Chance of Later Hike
Governor Michele Bullock and Assistant Governor Christopher Kent face parliamentary and media scrutiny later this week as the Australian dollar slips after six straight weeks of gains.
RBA Holds at 4.35%, Bullock Flags Hikes; Swaps Price 50% Chance of November Move
Australia's central bank held its cash rate steady but Governor Michele Bullock said hikes remain possible, pushing three-year yields up 2 basis points and lifting late-2026 hike odds.
Yen Nears 160 Per Dollar as Intervention Fades; RBA Holds at 4.35 Percent
The yen has surrendered nearly half its intervention-driven gains; the Reserve Bank of Australia held its cash rate steady but left the door open to further hikes.