RBA’s Kohler: Sizzling Jobs Market, Surging Services Demand Ignite Inflation Pressure at Home
the demand for housing and increasing pressure on the labor market, which in turn has significant implications for the nation’s policy settings and economic growth prospects. The Reserve Bank of Australia (RBA), in its quarterly Statement on Monetary Policy, revealed that population growth had surged past expectations, driven primarily by a boost in net migration, […]
“RBA’s Surprising Hike Spree Continues – How Many More on the Horizon? – TDS”
Analysts at TD Securities note that the Reserve Bank of Australia (RBA) surprised the market by raising its policy rate by 25 basis points to 3.85%. The decision to raise rates came soon after the Q1 CPI release revealed inflation fell more than the RBA expected. “We expected the Bank to remain on hold at […]
AUD/USD Analysis: Dips to 0.6600, RBA Holds Steady on Neutral Policy – What’s Next?
The AUD/USD currency pair has encountered selling pressure after it experienced a less-assured pullback approaching the 0.6611 level during the Tokyo session. This drawdown has led the Australian currency, often referred to as the Aussie, to resume its downward trajectory in the current market conditions. Following a somewhat tepid response, the AUD/USD pair traded lower […]