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The Latest Breaking News from the Reserve Bank

Interest rates look set to hold, after inflation and fuel costs fell in April. But it’s unlikely to last

Inflation actually fell in Australia last month, thanks to temporary government fuel discounts that saw fuel prices come down by 7% from their record peaks in March.

The Conversation · May 27

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AAP · May 27

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AAP · May 27

Yen hovers near intervention zone as traders assess Iran war outlook

The yen neared intervention levels against the dollar amid Iran war concerns, while the Australian dollar held near recent highs before key inflation data. The New Zealand dollar stabilized after a dip, with the Reserve Bank expected to hold rates steady. The safe-haven greenback remained steady as U.S. strikes on…

The Economic Times · May 27

RBI to examine role of quantum technology in strengthening financial sector

The Reserve Bank of India is forming an expert committee to study quantum technology's role in finance. This new technology could revolutionize financial tasks but also poses security risks. The committee will assess current systems and recommend ways to make India's financial sector quantum-safe. The report is expected within six…

The Economic Times · May 25

Temporary fall in inflation won't ease RBA fears

A short-lived reduction in the fuel excise has provided some momentary price relief but inflation will only worsen without a resolution to supply blockages.

AAP · May 24

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AAP · May 21

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AAP · May 21

FED:Jobless jump, Iran war shoot down fears of rate rise

The big four banks are tipping the Reserve Bank to hold interest rates steady at its next meeting after the jobless rate surged and as the Iran war hits home.

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AAP · May 21

FED:Surprise unemployment jump 'comfort' for Reserve Bank

About 18,600 fewer Australians were employed in April, which should ease the Reserve Bank's concerns the economy is above capacity and driving up inflation.

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