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Australia’s Economy Is in ‘Pretty Good Spot,’ RBA’s Bullock Says
Australia’s economy is in a “pretty good spot” with inflation inside the central bank’s 2-3% target band and the labor market still tight, Governor Michele Bullock said Friday. Read More
Australia's Economy in a Good Place, Though Risks Loom, RBA Governor Says
CANBERRA/SYDNEY (Reuters) -Australia's economy is in a good place, its top central banker said on Monday, while slowing inflation and a resilient labour market mean policymakers have room to ease ... Read More
RBA Keeps Rates on Hold as Economy’s Pulse Returns, But Uncertainty Lingers
Australia’s central bank left interest rates on hold, citing the need for continuing caution amid simmering inflation and a still-tight job market. Read More
'Not confident': RBA's bleak warning to millions of Aussies
Three of the big four banks, including CBA, Westpac and ANZ, think there will be another cut of 25 basis points in early November. NAB, which earlier indicated it too thought a November rate cut was ... Read More
Australia's economy rebounds sharply in Q3 from COVID-19 recession
Australia's economy rebounded sharply in the third quarter from a coronavirus-induced recession as consumer spending surged though the country's top central banker signalled monetary policy will stay ... Read More
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