Australia Interest Rates

Australia Inflation Hits 21-Year High, Big Rates Boost Feared

The downbeat report comes a day before recently appointed Treasurer Jim Chalmers updates the previous government's budget forecasts

8 months ago

Australia’s Reserve Bank Raises Rates by Most in 22 Years

The Reserve Bank of Australia lifted interest rates by a shock 50bps on Tuesday and warned that more rises are…

10 months ago

Hong Kong to Cut Growth Forecast, Finance Official Warns

Gross domestic product contracted by 4% in the first quarter. In its most recent forecast in February, the city’s government…

11 months ago

Australian Central Bank Warns of More Interest Rate Rises

The central bank's drastic inflation revisions could foreshadow how far interest rates might have to rise to bring the country's…

11 months ago

Australia’s Reserve Bank Hikes Cash Rate for First Time in Decade

RBA governor Philip Lowe said it was appropriate to start normalising monetary conditions as inflation was more than expected, but…

11 months ago

Australian Employment Surges in Covid-19 Rebound

Figures from the Australian Bureau of Statistics showed employment jumped by 77,400 in February from a month earlier, double forecasts…

1 year ago