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Latest news: Central Bank

Interest rate cuts might have less impact than thought

Interest rate cuts might have less impact than thought

Mortgage holders were smashed by the fastest interest rate hiking cycle in decades post-pandemic, but a study has found it did little to dampen spending.

The worrying trend that could put an end to rate cuts

The worrying trend that could put an end to rate cuts

The worrying trend that could put an end to rate cuts

The worrying trend that could put an end to rate cuts

The rising cost of new homes and services such as takeaway meals were key to the Reserve Bank's inflation miss in September and could rule out future rate cuts.

Sticky inflation cruels chances of interest rate relief

Sticky inflation cruels chances of interest rate relief

Sticky inflation cruels chances of interest rate relief

Sticky inflation cruels chances of interest rate relief

Borrowers face the possibility of interest rates going up rather than down again after the Reserve Bank held steady following a spike in inflation.

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Jump in forecast inflation clouds interest rate hopes

Jump in forecast inflation clouds interest rate hopes

More rate cuts are looking increasingly unlikely as the Reserve Bank concedes it underestimated inflationary pressures that persist in the economy.

Next rate cut uncertain as shutdown fogs Fed windscreen

Next rate cut uncertain as shutdown fogs Fed windscreen

The Federal Reserve has cut its key rate for the second time this year as the United States government shutdown clouds the economic outlook.

Pre-Christmas rate relief dashed after inflation spike

Pre-Christmas rate relief dashed after inflation spike

All four major banks predict mortgage holders will have to wait until 2026 for rate relief after a larger-than expected inflation rise.

Luminary wants brave choices to halt Australia's slide

Luminary wants brave choices to halt Australia's slide

A former Reserve Bank governor has called for courageous decisions from Australia's leaders on the nation's budget, economy and strategic interests.

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Aussie shares fall as miners, major companies drag

Aussie shares fall as miners, major companies drag

Aussie shares fall as miners, major companies drag

Aussie shares fall as miners, major companies drag

A strong banking sector performance wasn't enough to rescue Australia's share market from a negative session, as miners and two segment leaders tumbled.

RBA drops rates hint as Australia maintains AAA status

RBA drops rates hint as Australia maintains AAA status

RBA drops rates hint as Australia maintains AAA status

RBA drops rates hint as Australia maintains AAA status

Reserve Bank governor Michele Bullock has responded to a surprise jump in unemployment as a credit agency gives Australia's finance a tick of approval.

Australian shares up on hopes of US-China trade detente

Australian shares up on hopes of US-China trade detente

Australian shares up on hopes of US-China trade detente

Australian shares up on hopes of US-China trade detente

Energy and interest rate-sensitive shares have led Australian market gains following reports of US-China trade tensions easing and renewed hope on rates.

Governor takes aim at tax barrier to economic mobility

Governor takes aim at tax barrier to economic mobility

Governor takes aim at tax barrier to economic mobility

Governor takes aim at tax barrier to economic mobility

The Reserve Bank has set its sights on one tax it says keeps owners of big homes from downsizing and people from relocating for better jobs and pay.

Bank heads to open up before 'urgent' rate cut talks

Bank heads to open up before 'urgent' rate cut talks

Bank heads to open up before 'urgent' rate cut talks

Bank heads to open up before 'urgent' rate cut talks

Surprising unemployment data has many expecting interest rates are in for another trim, with two key figures in that decision set to give their reaction.

Jobs figures 'settling back' into pre-COVID levels

Jobs figures 'settling back' into pre-COVID levels

Jobs figures 'settling back' into pre-COVID levels

Jobs figures 'settling back' into pre-COVID levels

A shock increase in unemployment rates has been put down to the jobs market coming back to regular rates after pandemic-induced fluctuations.

Blow for borrowers as Reserve Bank curbs rate-cut hopes

Blow for borrowers as Reserve Bank curbs rate-cut hopes

Blow for borrowers as Reserve Bank curbs rate-cut hopes

Blow for borrowers as Reserve Bank curbs rate-cut hopes

Crucial economic data in coming weeks could determine when mortgage holders can expect more interest rate relief, the Reserve Bank board says.

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Shaving red tape, inflation key to economic growth

The economy is in a "good spot" but one sector is proving more stubborn than expected, the boss of the Reserve Bank says.

Cup Day rate cut in doubt as RBA nears final straight

The odds are lengthening on an interest rate cut on Melbourne Cup Day, as the Reserve Bank adopts a hawkish tone and inflation steps up the pace.

Rates on hold amid Reserve Bank inflation worries

Borrowers have been denied surprise mortgage relief by the Reserve Bank, which left rates on hold after hotter-than-expected inflation figures.

Budget bottom line in better shape before rates call

Strong jobs and wages numbers have more than halved the budget deficit projected last financial year as the Reserve Bank meets to decide if rates should be cut.

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RBA boss takes swipe at queries on card surcharges

A frustrated central bank chief has hit back at suggestions consumers could be worse off as a result of the Reserve Bank's efforts to curb card surcharges.

RBA boss optimistic on inflation but fears correction

Markets could be underpricing geopolitical risks, potentially threatening Australia's financial stability, the Reserve Bank of Australia fears.

Hot economic growth may place further rate cuts on ice

Reserve Bank governor Michele Bullock has signalled there might not be many more interest rate cuts to come after surprisingly strong economic growth.

Consumer boom drives surprise jump in economic growth

Australia's economy surpassed expectations in the last financial year, taking some urgency out of the Reserve Bank's plans to cut interest rates.

Nation's economic pulse check dominates data-heavy week

Australia's weak private sector could dampen the nation's economic recovery and cause GDP growth to undershoot the Reserve Bank's forecasts.

Inflation 'quirks' unlikely to spook Reserve Bank board

Hopes of a rate cut have slipped after a shock surge in inflation, but it's not off the cards yet with more data to come before the next Reserve Bank meeting.

Real wages boost for workers, but costs might worry RBA

Strong annual growth in wages will be noted by the Reserve Bank as it collates data leading up to its next decision on whether to cut interest rates.

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