Browsing: rate cut

Australia’s CPI inflation slowed more than expected in May, easing pressure on the Reserve Bank and sparking renewed market optimism about potential rate cuts. Investors are now eagerly watching upcoming economic data for new clues

Australia’s job market experienced a remarkable surge in April, with impressive job gains that took many by surprise. Yet, analysts caution that this strong performance might not be enough to stop the Reserve Bank from slashing interest rates next week, as ongoing inflation and economic pressures continue to loom large.