The Latest Breaking News from Interest Rates

Lumber has been stuck in a trading range of around $500 per 1,000 board feet. While the market is moving towards the offseason for construction, lower interest rates over the coming months could mean prices will increase.

'More buyers equals more demand, so now is the sweet spot.'

Inflation dived last month to its lowest rate in three years, but the Reserve Bank will wait for a more sustained drop before it starts cutting interest rates.

Negotiations over reforms to the Reserve Bank of Australia this week took an unprecedented turn when the Greens demanded the government use its reserve powers to immediately cut interest rates.

Greens Treasury spokesman Nick McKim doubles down on his proposal that Labor override the RBA on interest rates.

Lowest CPI rate in three years but Reserve Bank will wait for more sustained drop before cutting interest rates

It’s easy to see why Michele Bullock thinks temporary measures should be disregarded.

The RBA shocked nobody by holding interest rates at 4.35% yesterday, but the Albanese government may have surprised some by seeking advice on scaling back negative gearing.

The dollar index (DXY00 ) Tuesday fell by -0.43%. The dollar came under pressure Tuesday after China boosted stimulus measures, which fueled a rally in the yuan to a 16-month high against the dollar. The dollar extended its losses Tuesday after the Conference Board’s US Sep consumer confidence index unexpectedly...