Lates News

Australia Reserve Bank: Today's interest rate decision was unanimously passed. The latest data shows that overall and core inflation remain too high. The Committee will monitor the data, as well as the evolving outlook and risk assessment, to guide its decisions. Short-term inflation expectations have eased slightly, but are still higher than at the beginning of the year. Necessary measures will be taken to achieve this target, including potentially further increasing the cash rate target when necessary.