Despite cutting the federal funds rate by 25 basis points, markets reacted sharply as the Federal Reserve scaled back.
The Federal Reserve is expected to cut rates again next week, with consumer prices rising in-line with expectations.
Federal Reserve meeting minutes released this week reveal that the U.S. central bank is poised to make further cuts to the federal funds rate.
Federal Reserve meeting minutes released this week reveal that the U.S. central bank is poised to make further cuts to the federal funds rate.
The Australian unemployment rate held steady at 4.1% in October, a sign of ongoing stability in the job market despite softening economic conditions.
The Australian unemployment rate held steady at 4.1% in October, a sign of ongoing stability in the job market despite softening economic conditions.
Donald Trump’s return to the White House is still being digested by financial markets, but we’ve already seen Treasury yields spike.
Australian inflation slowed to 2.8% annually in the September quarter, marking its lowest rate in over three years
Australia is expected to record the second-highest inflation reading out of 42 advanced economies over the course of next year.
Inflation is (slowly) falling in Australia, but excessive government spending threatens to erode the RBA's progress.