The Latest Breaking News from Reserve Bank

Australia’s budget situation has been quietly improving. Deloitte Access Economics director Chris Richardson says the remarkable strength of the Australian economy means it no longer needs the emergency support it has been getting from the government and the Reserve Bank. Government spending fell by a record 10% in the year…

Reserve Bank Deputy Governor Guy Debelle has left the building. Wednesday was his last day. Six days after his shock resignation, he has departed to become chief financial officer at the green energy firm Fortescue Future Industries.

The Reserve Bank of Australia was roiled today by the resignation of its Deputy Governor Guy Debelle, who is leaving with only six days’ notice.

Reserve Bank deputy governor Guy Debelle is leaving the bank to join Andrew Forrest's renewable energy business, Fortescue Future Industries.

Reserve Bank will act ‘to maintain low and stable inflation in Australia’, Philip Lowe says

Reserve Bank governor Philip Lowe says bottlenecks in the world's supply chains had been easing, but the Russia-Ukraine war could change everything and send prices soaring once again.

Reserve Bank of Australia governor Philip Lowe has told a business conference that a rise in the cash rate is plausible this year.

The Federal Open Market Committee, or FOMC, is the Fed's chief body for monetary policy. Its voting membership combines the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York and four other Reserve Bank presidents who serve one-year terms on a rotating basis…

The Reserve Bank keeps its cash rate target at a record low 0.1 per cent as it watches the unfolding economic fallout from Russia's invasion of Ukraine .