Sign in
Stories
Australia's Central Bank Holds Rate
Share
Antipodean Currencies Soar
Aussie and Kiwi Dollars Stabilize Amid C...
Australia's Central Bank Pauses Rate Hik...
Aussie and Kiwi Dollars Rally on Wall S...
AUD and NZD Experience Decline
Australia CPI Rises Amid Concerns
Overview
API
The Reserve Bank of Australia (RBA) is anticipated to maintain its cash rate at 4.35% due to decreasing home-price growth and easing inflation. RBA Governor Michele Bullock is expected to continue the hawkish stance, with concerns about emerging second-round effects of inflation in Australia. This contrasts with the Federal Reserve's potential easing cycle, while New Zealand and the UK are also expected to ease policy by mid-2024. Despite easing inflation for October and slowing house-price gains, underlying pressures persist, with changes to the meeting process starting February 2024.
Ask a question
How might the RBA's decision impact the Australian economy and global markets?
What are the potential implications of the changes to the meeting process for the RBA's decision-making?
What factors are influencing the central bank's cautious approach compared to the Federal Reserve's potential easing cycle?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Sep 2023
Oct 2023
Nov 2023
Coverage