Some increase in interest rates is justified simply because with higher inflation, real interest rates are now negative. But the idea of returning to the old target range does not stand up to scrutiny ...

SYDNEY, Nov 22 (Reuters) - Australia likely faces a period when inflation will be more volatile, as global forces put upward pressure on costs, making it harder for monetary policy to keep inflation ...

On Wall Street, major indexes marked their worst quarter since 2022 after the S&P 500 and Dow Jones indexes closed 0.6 per cent and 1 per cent higher, respectively, and the tech-heavy Nasdaq index ...

The Reserve Bank has left interest rates on hold at 3.6 per cent, as widely expected. The decision to keep rates steady follows last week's surprise news that inflation jumped much higher in the ...

Anthony Albanese says the RBA's decision won't influence when the election will be. Source: Getty Yahoo's live news blog for Wednesday, February 19 has now concluded. Further RBA interest rate cuts ...

The ASX 200 closed down 0.5 per cent at 8585.9 points - its lowest daily close in five days - after the RBA warned that it might need to lift interest rates “at some point next year.” ...

Markets are betting on further interest rate cuts to come, after the Reserve Bank took the knife to the cash rate at its May meeting. The Australian dollar fell on Tuesday afternoon, in the wake of ...

Under-the-pump Australian homeowners have received a rate cut, but Michele Bullock has delivered a stark two-word warning about the future. Ms Bullock issued the stark warning following a question ...

On Wall Street, the six-month-long rally in US stocks remained intact despite US government shutdown fears. Nasdaq led gains, rising 0.5 per cent, the S&P 500 climbed 0.3 per cent and the Dow Jones ...