Inflation Falls Within Target Range
Australia's inflation rate has come within its target range, but cuts likely won't come anytime soon
The RBA had expected inflation to fall. RBA Gov. Michelle Bullock said that inflation is expected to climb above the target range again when government reliefs expire.
Australian Inflation Rate Slides to 2.7% in August and into the RBA Target Range
Aussie inflation slows to 2.7%, influencing AUD/USD movement. Softer CPI sparks RBA rate cut speculation, with US home sales data key to the pair’s next move.
Inflation officially within RBA's target band
Down from 3.5% in July and marking the lowest reading since August 2021, the monthly data means inflation finally sits within the RBA ’s 2-3% inflation target band. However, the fight against inflation hasn’t been won yet, with the central bank putting less onus on the more volatile monthly figures compared to the quarterly data.
RBA governor Michele Bullock says rates won’t decrease until Australia lowers underlying inflation
The Reserve Bank has flagged Aussies are unlikely to see any reprieve in interest rates until inflation returns to “sustainable” levels.
Australia’s Headline Inflation Rate Falls Back to Target
Australia’s headline inflation rate fell within the Reserve Bank of Australia’s target band for the first time since 2021 in August, but economists warn that this won’t trigger an immediate interest-rate cut.
RBA holds cash rate despite inflation falling
The RBA last raised the cash rate to 4.35% on November 2023, and with many homeowners holding out for relief, some expect the RBA to make a proactive and popular decision before the holiday season.
Australia: Inflation Falls Within The Target Range
The headline inflation rate has fallen within the Reserve Bank of Australia’s target range for the first time since October 2021.
Both headline and underlying inflation ‘coming down’ in Australia
Deloitte Access Economics Lead Partner Pradeep Philip says both headline and underlying inflation are “coming down” in Australia.
RBA’s Hawkish Rate Path Lands Bullock in Hot Seat as World Eases
A year into her term as Australia’s central bank governor, Michele Bullock is facing headwinds on multiple fronts. They’re ...
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 ...
FXStreet14h
Australia: Inflation falls to three-year low, opening door to RBA rate cut in 4Q – UOB Group
“The Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35% following its 24 Sep meeting, as expected, and ...
Inflation is down yet the RBA keeps making mistakes and it is costing you
RBA sounds rate cut alarm after denying Aussies interest relief: 'Message is clear' Royal Australian Mint responds after rare ...
Australian Dollar Weekly Forecast: RBA and Inflation May Fuel an AUD/USD Run at $0.70
The RBA is expected to hold rates at 4.35%. Investors await key insights from the press conference to gauge AUD/USD movement ...
Forget Jim Chalmers, Michele Bullock, the RBA boss he appointed, is in the policy driver’s seat
Paul Keating schooled a glittering cohort of Canberra journalists in the 1980s about policy and politics, and through them, ...
Inflation falls to within RBA's target limit but economists cautious about overall picture, ASX closes lower
The annual rate of headline inflation fell to 2.7 per cent in August, down from 3.5 per cent in July. The Australian share ...
Rate cuts may trigger unsustainable property price boom: RBA
Falling interest rates could lead to a rising market that encourages households to take on too much debt, raising the risk of ...