Tue, Feb 06, 2024
Markets had wagered heavily on a steady outcome given inflation had eased by more than expected in the fourth quarter and suspected rates have peaked.
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Mon, Dec 04, 2023
The interest rate poll, conducted November 29 - December 1, showed 28 of 30 economists, including those at Australia's big four banks, expect the central bank will keep its official cash rate on hold on December 5.
Tue, Sep 05, 2023
Minutes of the August meeting showed the central bank now sees a credible path where inflation would return to the target band in 2025, with interest rates at their current level, implying the hurdle to another hike is high.
Wed, Dec 07, 2016
Australia`s economy contracted for just the fourth quarter in 25 years, official data showed on Wednesday, slowing the annual growth rate to 1.8% amid weaker government and consumer spending on top of softer trade figures.
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