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Investing.com -- Citi analysts maintained their forecast for the Reserve Bank of Australia (RBA), projecting a 25 basis point (bps) rate cut at the upcoming May Monetary Policy Board meeting. Despite...
Investing.com-- Australian consumer price index inflation grew slightly more than expected in the first quarter, while underlying inflation fell back into the Reserve Bank of Australia’s target range,...
Investing.com-- The Reserve Bank of Australia (RBA) is expected to cut interest rates by 25 basis points at its next policy meeting on May 20, according to Westpac economists, who said the risks...
Investing.com -- Bank of America (BofA) revised its growth forecast for the Australian economy, indicating a modest downturn for 2025. The forecasted Gross Domestic Product (GDP) growth rate has been...
Investing.com -- The AUD/USD currency pair experienced a significant drop, reaching a five-year low of 0.593, before making a sharp recovery to above 0.64, the highest level seen since December 2024....
Investing.com-- Australia’s job market rebounded in March after an unexpected contraction in the prior month, while the unemplyment rate came in slightly below expectations, signaling the labor market...
Investing.com-- The Reserve Bank of Australia is likely to cut interest rates in May, with its recent meeting minutes supporting this view, ANZ analysts said in a note on Tuesday. ANZ expects the RBA...
Investing.com-- Australian Treasurer Jim Chalmers warned on Monday that the nation's economy is vulnerable to the adverse effects of escalating global trade tensions, stemming from recent U.S. tariff...
Investing.com - The U.S. dollar edged higher Friday, rebounding ahead of the widely-watched monthly jobs report after the previous session’s slide, while the euro slipped lower after weak German...
Investing.com-- Australia’s trade balance sank to a more than four-year low in February, falling well short of expectations, as exports tumbled while imports jumped on stronger demand for consumer...
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