News list for " the Federal Reserve Bank of Australia"

The Reserve Bank of Australia is expected to maintain interest rates unchanged for the seventh time

According to foreign media reports, the Reserve Bank of Australia is almost certain to keep interest rates unchanged at a 12-year high of 4.35% for the seventh time in a row at its meeting on Tuesday, as the flexibility of the labor market and the stickiness of inflation (if it is weakening) force the central bank to maintain a higher interest rate stance for a longer period of time. Employment rose sharply in Australia in August, while the unemployment rate remained stable, which is related to ...

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2024-09-24 12:26:21