Australia’s central bank is set to transform financial infrastructure by exploring the launch of wholesale tokenized asset markets, promising faster settlements and greater efficiency, CoinDesk reports
Browsing: Reserve Bank of Australia
Australia’s central bank caught markets off guard by holding interest rates steady at 3.85%, bucking widespread expectations of a hike. The Reserve Bank highlighted economic uncertainty and easing inflation as the main reasons for pressing pause this time around
Breaking: In a surprising twist that stunned markets, the Reserve Bank of Australia has chosen to keep interest rates unchanged in a split decision, going against widespread predictions of a cut amid persistent economic uncertainty
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
The RBA is poised to deliver rapid rate cuts if economic instability arises from Trump’s policies, according to minutes that highlight a determined commitment to strengthening Australia’s economy amid global uncertainties
Australia’s central bank has lowered interest rates as part of its strategy to stimulate the economy, signaling a cautious approach towards additional easing. Officials highlighted ongoing economic uncertainties while urging vigilance in monitoring inflation trends.