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.

AUD/USD slides on Trump tariff threats, CPI next

The Australian dollar is in negative territory on Tuesday. In the North American session, AUD/USD is trading at 0.6252, down 0.62%. Australian CPI expected to ease to 2.5% Investors are keeping a closer eye on the third-quarter inflation report, which will be released early on Wednesday.

28-01-2025 05:31 GMT by Kenneth Fisher

RBA more confident about rate cut, Aussie shrugs

The Australian dollar has posted slight losses on Tuesday. In the European session, AUD/USD is trading at 0.6247, down 0.18% at the time of writing. RBA minutes hint at rate cut The Reserve Bank of Australia minutes from the December meeting were significant although they didn't have much impact on the Australian dollar. The minutes signaled that the RBA is increasingly confident that inflation is moving sustainably towards the Bank's target range of 2% to 3%.

24-12-2024 06:20 GMT by Kenneth Fisher