News

Australian Treasurer Chalmers: The Reserve Bank of Australia’s decision to keep interest rates unchanged amid heightened global uncertainty and ongoing domestic pressure is a welcome one.

Reserve Bank of Australia: Disruptions in global oil supplies are directly driving up inflation.

The Reserve Bank of Australia (RBA) has raised the cash rate target three times since the beginning of the year, making financial conditions tighter than before, and the economy appears to be slowing as expected.

Reserve Bank of Australia: Current financial conditions are tighter than before, and the economy appears to be slowing as expected.

The Reserve Bank of Australia (RBA) decided to maintain the cash rate target unchanged in order to assess the development of the economy, given that monetary policy is considered slightly tight.

Reserve Bank of Australia: Leading indicators of the labor market suggest only limited easing in the near term.

Reserve Bank of Australia: Inflation remains too high.

Reserve Bank of Australia: Short-term inflation expectations have eased, but are still higher than at the beginning of the year.

The Reserve Bank of Australia (RBA) stated that the Committee will continue to take necessary measures to ensure a sustainable return of inflation to its target, including further raising the cash rate target should upside risks emerge.

Reserve Bank of Australia: Average inflation, excluding extreme values, remains high and has not changed much compared to the March quarter.

Reserve Bank of Australia: The committee remains focused on ensuring that high inflation does not become entrenched.

Reserve Bank of Australia: Inflation is expected to rise significantly in the second half of 2025, and data since the beginning of this year confirms that the rise in inflation is partly due to increased production capacity pressure.

Reserve Bank of Australia: The Board will monitor data and the evolving outlook and risk assessment to guide its decision-making.

RBA: Today’s policy decision was unanimous.

Reserve Bank of Australia: The housing market has weakened more than expected, and loan growth will slow further.

Reserve Bank of Australia: Global growth outlook revised upwards given the boom in artificial intelligence and resilience in the Gulf conflict.

Reserve Bank of Australia: Recent government budget has not changed the outlook for public demand.

Reserve Bank of Australia: The labor market remains slightly tight and is expected to remain stable in the short term before gradually easing.

The Reserve Bank of Australia's forecasts are based on technical assumptions that the cash rate will be 4.4% in Q4 2026, 4.5% in Q4 2027, and 4.4% in Q4 2028.

The Reserve Bank of Australia (RBA) stated that the resolution of the Middle East conflict remains uncertain, with scenarios including higher-than-expected inflation and lower-than-expected economic activity.