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.

Australia inflation gauge hits 20-month high, Aussie gains ground

Australia's MI inflation guage jumped 0.9% in July, up sharply from 0.1% in June. The RBA is widely expected to cut rates on Aug. 12 as inflation has been contained. US nonfarm payrolls were weaker than expected, as the cracks in the labor market appear to be wider than previously expected.

04-08-2025 14:15 GMT by Kenneth Fisher

Australian inflation lower than forecast, Fed up next

Australia's inflation rated dropped to 2.1% in Q2, which was lower than expected. This cements a quarter-point rate from the RBA at the August meeting. The Fed meets today and is widely expected to maintain rates for a fifth straight meeting.

30-07-2025 09:00 GMT by Kenneth Fisher