The Board of the Reserve Bank of Australia will be meeting on today, with economists expecting a cut to the cash rate target.

AUD/USD is trading just below key resistance at 0.6537, which marks the upper boundary of the rising wedge pattern on May 26.

Last time, in February, those words referred to further interest rate “increases”, making it clear the bank expected more than one. This time ... Nevertheless, the RBA board “remains ...

The Pacific country is one ... rate cuts in the next few meetings. “The market is expecting quite a few more interest rate cuts in the middle of next year, about three more on top of this,” said ...

The Reserve Bank of Australia (RBA) has voted to hold interest rates steady at 4.1%, citing low unemployment ... inflation of 5% over the year ahead, as the next chart shows.

BENGALURU, Feb 2 (Reuters) - Australia's central bank will keep its key interest rate unchanged at 4.35% on Tuesday and hold it there at least until end-September, according to economists polled ...

RBA's interest rate was as low as 0.1 per cent. Since then, it has been increased by 0.25 percentage points each time to 4.35 per cent, where it has stayed since November 2023. A graph shows an ...

Inflation is the key metric that will affect interest rates and the RBA wants that number between ... Allen said Australia’s GDP figures undershot the RBA’s expectations of growth of 1.5 per cent for ...

Reserve Bank of Australia ... interest rate at 4.1% in the April policy meeting. Bullock is taking questions from the press as part of a new reporting format introduced by the central bank this year.

BENGALURU, Nov 1 (Reuters) - Australia's central bank will hold its key interest rate ... Westpac - forecast no rate change this year. However, all four expected the RBA to cut rates at its ...

The RBA now sees 2025 GDP at 2.1%, down from its prior forecast of 2.4%. The RBA noted that market expectations were for a cumulative 85 basis points in interest rate cuts over the coming year.