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 ...
Rate cut chances increase after inflation slows in final quarter of 2024
Financial markets are betting the Reserve Bank will preview a rates reprieve in February, with official figures showing the ...
Couriermail4d
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 ...
Under30CEO on MSN2d
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.
ABC Business on MSN4d
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 ...
Revealed: The Australian state with the best-performing economy
Australia's largest state has held off a fast-finishing Queensland to remain the country's best-performing economy.