Reserve Bank of Australia (RBA) news

The Reserve Bank of Australia (RBA) is Australia's central bank. Its primary responsibility is to maintain monetary and financial system stability. The RBA uses various monetary policy tools to influence economic conditions and contribute to sustainable economic growth and full employment in Australia.

Australian core CPI falls within the RBA target, Aussie shrugs

Australia's headline CPI remained unchanged at 2.4% y/y in the first quarter. The key core CPI indicator dropped to 2.9% from 3.3%, dropping within the RBA's target band for the first time in three years. In the US, GDP for Q1 is expected to drop sharply to 0.4% from 2.4%.

30-04-2025 12:10 GMT by Kenneth Fisher

Australian dollar hits new 2025 high, CPI looms

The Australian dollar is lower on Tuesday. Australia releases CPI on Wednesday, with both headline and core CPI projected to ease. In the US ,JOLTS Job Openings is expected to decline for a second straight month.

29-04-2025 10:50 GMT by Kenneth Fisher