The Latest Breaking News from Reserve Bank

Cost of living remains at the top of people’s minds as inflation stays sticky. With an election in less than a year, the government has been doing what it can to address some of the pressures. But the Reserve Bank doesn’t envisage an interest rate cut this year, and has…

Reserve Bank governor says there is ‘considerable uncertainty’ over Australia’s economic future and the board ‘remains vigilant’

As we struggle with higher interest rates and unemployment, this is the price we have to pay to restore the ‘credibility’ of the RBA

Australia’s top economic forecasters expect the Reserve Bank to start cutting interest rates by March next year, taking 0.35 points of its cash rate by June.

May’s inflation figures sent alarm bells ringing that the RBA would hike rates. But technically we are still on track for the central bank’s target

A key measure of inflation has jumped, climbing to 4% in May after edging up from a recent low of 3.4% in February.

Surprisingly strong inflation has resurrected the possibility of another interest rate hike in an unsettling development for squeezed borrowers.

The ASX200 has closed 0.1 per cent lower as markets reflect on a hawkish undertone in the Reserve Bank's interest-rate decision.

These days every word of every statement from the Reserve Bank Governor Michele Bullock is pored over in minute detail – as is every word uttered at her press conference after each Reserve Bank board meeting.