The Latest Breaking News from Reserve Bank

At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall

A central focus of this week’s budget is the treasury’s forecast for inflation.

The Conversation · May 16, 2024

Is the 2024 budget inflationary? Warwick McKibbin and other economists say ‘yes’

Former RBA board member among experts who say Albanese government’s third budget is likely to at least delay next interest rate cut

The Guardian - AU · May 15, 2024

Government defends faster inflation fall than RBA

Inflation will be back within the Reserve Bank's target range a year earlier than the bank has predicted, based on government budget figures.

AAP · May 12, 2024

Inflation in Australia is still stubbornly high. Will the RBA raise interest rates again?

With hopes for a rate cut gone, there is speculation of another rise before the end of 2024. What factors will sway the Reserve Bank’s decision?

The Guardian - AU · Apr 30, 2024

Does Australia’s higher-than-forecast 3.6% inflation dash hopes for an interest rate cut?

The March-quarter figure makes a cut less likely. Still, the Reserve Bank will probably give more weight to how quickly it can get to its target range

The Guardian - AU · Apr 25, 2024

RBI imposes business curbs on Kotak Bank for IT infra deficiency

RBI directs Kotak Mahindra Bank to stop new customer onboarding and credit card issuance due to IT compliance issues.

The Hindu · Apr 24, 2024

‘Triple spending’: Zimbabweans bear cost of changing to new ZiG currency

Businesses, transport, government services reject old notes despite the unavailability of new bills until end of month.

Al Jazeera · Apr 19, 2024

Australia’s unemployment rate rises to 3.8% in March as employers shed more than 6,000 jobs

Reserve Bank and Treasury had predicted unemployment rate would rise from February’s 3.7% as interest rates bite

The Guardian - AU · Apr 18, 2024

South Africa Inflation Slows, Rate Cuts Not Imminent

South Africa's decreasing inflation rate signals positive economic trends, but caution is advised for immediate rate cuts.

Top News · Apr 17, 2024

Talk of interest rate cuts soon is optimistic – here’s why the RBA may decide doing nothing is safer

Australians are hurting from rate rises more than anyone. But that doesn’t mean the Reserve Bank is about to start cutting

The Guardian - AU · Apr 10, 2024