Australia reports Q4 inflation data below forecasts; core inflation fall to three-year low of 3.2%
Australia's annual inflation rate eased to 2.4% in the fourth quarter, down from 2.8% in the previous period and below expectations of 2.5%. Core inflation, the RBA’s preferred inflation ga ...
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Westpac joins CBA and ANZ expecting a rate cut in February
NAB had forecast the first cut to be in May, but has said its cash rate forecast is under review. The latest underlying inflation print from the Australian Bureau of Statistics released on ...
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Australia’s Cooling Inflation Opens Door to RBA Rate Cuts
(Bloomberg) -- Australia’s core inflation eased by more than expected in the final three months of 2024, opening the door to an interest-rate cut as soon as next month and sending the currency ...
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ASX soars as inflation data fuels rate cut hopes
The Australian share market ended higher on Wednesday after the latest quarterly inflation data renewed hopes of an interest ...
Australia CPI set to ease further in December, nearing RBA’s target
The RBA has maintained the Official Cash Rate (OCR) steady at 4.35% since November 2023, claiming inflation needs to “sustainably” return to its target band of 2% - 3% before considering a rate cut.
Underlying inflation drops to 3.2pc
The sharper-than-expected decline in inflation bolsters the prospect of an interest rate cut before the federal election.
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Live updates: Australian share market set to rise ahead of quarterly inflation data, Wall Street recovers from DeepSeek shock sell-off
A rally on Wall Street is likely to send Australian stocks higher, while the Buerau of Statistics is set to release the ...
'Early signs': Paul Murray reveals a sneak peak of Australia’s latest inflation number
Sky News host Paul Murray reveals there are some “early signs” which show the soon-to-be-released inflation number is going ...