RBA’s grim warning on rates, inflation
The Reserve Bank is sticking to its guns not to cut the official cash rate while inflation remains too high, despite growing pressure to do so.
Interest Rates
Two words fuelling rate pain for Aussies
Holding rates at 4.35 per cent, RBA governor Michele Bullock has said what needs to be done for interest rates to come down, hinting it won’t be any time soon.
Aussie shares dip on hawkish Bullock
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
‘Dump them’: Kochie’s wild rates call
Homeowners struggling after missing out on a rate cut from the Reserve Bank today have been urged to “create their own rate cut”.
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ASX edges lower after reaching record
After resetting its intraday record, the benchmark edged lower as traders grew skittish.
Key detail in RBA rate call revealed
For the first time since it started its aggressive run of rate hikes, the RBA did not consider the option, minutes from its latest meeting have revealed.
Key detail in RBA rate call revealed
For the first time since it started its aggressive run of rate hikes, the RBA did not consider the option, minutes from its latest meeting have revealed.
Eye-watering salary needed to buy a home
Australians wanting to buy a home have been dealt a fresh blow, with data revealing the real amount you should be earning to be able to pay the mortgage.
Miners push sharemarket to new record
Following a rebound in commodity prices, the local benchmark advanced to hit an all-time high on Thursday.
Retail spending benefits from Swift lift
With 600,000 concertgoers flocking to seven sold-out Taylor Swift shows in Sydney and Melbourne, statisticians noted an impact in spending on fashion and cafes.
Shares advance on steady inflation read
Shares clawed back losses from Tuesday’s session to come within less than 35 points of the benchmark’s all time high.
Hope for rate cut as inflation holds steady
The softer-than-expected reading is a further sign the Reserve Bank could move to ease interest rates later this year.
Hope for rate cut as inflation holds steady
The softer-than-expected reading is a further sign the Reserve Bank could move to ease interest rates later this year.
ASX slips ahead of inflation print
Ahead of key inflation data at home and abroad, Australia’s share market slipped on Tuesday as investors took profits.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/43