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Aussie hits 2024 high as RBA stays hawkish; yuan climbs on China stimulus
The Australian dollar rose to its highest level this year on Tuesday as the central bank reiterated its determination to tame stubborn inflation, while the yuan climbed to a 16-month peak after fresh stimulus steps from China.
Stocks Set to Build on Record Highs After China Stimulus Boost
The stock market was looking to build on yesterday’s record close after China announced fresh stimulus measures meant to boost the economy. Dow futures were up 0.1%, while S&P 500 futures were up slightly.
China unveils fresh stimulus to boost ailing economy
China's central bank on Tuesday unveiled a raft of measures to boost the country's struggling economy as it battles a prolonged property sector debt crisis, continued deflationary pressure and high
Equities, yuan, copper climb after China announces stimulus
A widely followed global stock index rose to a record high and copper prices hit their strongest level in 10 weeks on Tuesday after China unveiled stimulus measures to support its economy, while China's yuan hit a 16-month high against the U.
1h
RBA wants to see ‘evidence’ of inflation rate coming down ‘further’ before cutting rates
Deloitte Access Economics Lead Partner Pradeep Philip says he thinks the Reserve Bank of Australia will cut rates “early in ...
1d
Glynn’s Take: Moves to Reform RBA Board Descend Into Farce
The Australian government’s push to reform the Reserve Bank of Australia’s policy-setting board is likely dead in the water, ...
59m
At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters
Australia’s inflation rate was pushed down by a 17.9% fall in electricity prices, but even the Reserve Bank’s preferred ...
1h
on MSN
RBA doing a ‘really good job’ in ‘very difficult economic circumstances’
Deloitte Access Economics Lead Partner Pradeep Philip says the Reserve Bank of Australia has generally been doing a “really ...
2d
RBA Reforms Face Major Hurdle as Greens Demand Rate Cut
Australian Treasurer Jim Chalmers’ plans to overhaul the Reserve Bank have suffered a major setback after the left-wing ...
Crikey
3h
People who don’t want Labor to control RBA have ‘neoliberal brain worms’: Greens senator
Greens Treasury spokesman Nick McKim doubles down on his proposal that Labor override the RBA on interest rates.
2d
RBA Set to Extend Rate Pause as Housing Crisis Props Up Prices
Australia’s record household debt was a key factor in the Reserve Bank’s cautious approach to tightening, and now housing is ...
1d
Asia Stocks Steady Ahead of RBA Decision, Ueda Speech
The euro was steady at $1.11055 in early Asian hours, having dropped about 0.5% on Monday as business activity reports for ...
22h
No RBA rate cut yet, but Governor Bullock is about to find the pressure overwhelming
Figures out on Wednesday are likely to show inflation extraordinarily low. They will add to the pressure on the governor to ...
1d
RBA Signals Key Rate to Stay at 12-Year High for Time Being
Australia’s central bank held its key interest rate at a 12-year high on Tuesday as it tries to subdue stubborn price pressures that are preventing it from joining a global easing cycle.
20h
on MSN
Australia news live: RBA ‘didn’t explicitly consider’ hiking interest rates, governor says; teenager fatally stabbed at Melbourne food court
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
4h
‘Smash the economy’: RBA Governor’s cheeky jab at Treasurer Jim Chalmers
Reserve Bank Governor Michele Bullock took a thinly veiled shot at the government after yesterday’s decision to keep interest ...
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