The economic outlook remains uncertain and inflation remains too high, according to a hawkish Reserve Bank of Australia.
IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 78.95%, while traders in USD/JPY are...
Australia has made strides in curbing elevated inflation levels since the peak in 2022. However, consumer prices remain well above the Reserve Bank's 2-3% target band. According to the monthly CPI indicator, annual headline consumer pricecame in at 3.6%. When excluding volatile items and holiday travel costs, the core inflation rate was 4.1% - virtually unchanged from December 2023 readings.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dear Annie: Son’s ‘no-hug’ policy with our grandkids leaves us heartbrokenMy wife went to give him a hug, and out of the blue, my son and his wife literally jumped up and said, “No! We don’t do that!”
Read more »
Disney Disability Access Service Policy Changing, Fans Say Leaves Them OutDisney fans with disabilities say the company’s new restrictions on a system that previously allowed people with many kinds of disabilities to avoid standing in long lines for rides have now excluded many disabled people who previously had access to it.
Read more »
China cbank leaves key policy rate unchanged as expectedChina cbank leaves key policy rate unchanged as expected
Read more »
Massachusetts stockpile of abortion pills untouched after one yearThe fate of the 15,000-dose stockpile of mifepristone in Massachusetts hinges on the Supreme Court decision regarding the FDA approval of the abortion pill.
Read more »
Australia CPI inflation grows more than expected in April, fuels RBA jittersAustralia CPI inflation grows more than expected in April, fuels RBA jitters
Read more »
RBA considered a rate hike during May meeting, minutes showRBA considered a rate hike during May meeting, minutes show
Read more »