The Australian and New
Zealand dollars were looking on Friday likely to end a tough
week on a steadier note after their U.S. counterpart was
sideswiped by surprisingly soft retail data, which also. -February 15, 2024 at 08:03 pm EST
- MarketScreener
RBA Won t Wait for CPI to Be Inside Target Before Cutting Rates bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
By James Glynn SYDNEY The Reserve Bank of Australia moved to a more neutral stance on interest rates Tuesday but pointedly reminded markets not to rule out the prospect of a further interest. -February 06, 2024 at 01:58 am EST
- MarketScreener
Persistently high services inflation may derail market expectations of an interest rate cut as early as May, according to the best economist forecasts for 2024.
The latest CPI data cemented expectations of an RBA policy hold next week, but the central bank may reiterate it is ready to lift rates again if necessary.