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Australian Inflation Steady in Apr., Rate Cut Hopes Intact

Australian Inflation Steady in April, Rate Cut Hopes Intact

Australia’s consumer inflation held steady in April, as rising health and travel costs offset falling petrol prices, reinforcing expectations for future interest rate cuts.

EconoTimes · 4d

· 4d · on MSN

Tamed Australian Inflation Keeps Door Wide to RBA Cuts

Cryptopolitan on MSN · 3d

Australia considers rate cuts as inflation holds, New Zealand lowers rate to 3.25%

US Inflation Gauge Cools With Little Sign of Tariff Impact, So Far

A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped.

· 1d

German inflation nears ECB target in May but challenges remain

· 1d

Declining Inflation in Eurozone Nations Readies ECB for Rate Cut -- 3rd Update

Fed's Daly: April PCE inflation is a 'relief,' but incomplete, Fox Business reports

cooling inflation offers "relief" for Americans suffering from high prices

· 1d

Inflation fell to 2.1% in April, lowest since 2021

· 1d

Inflation rate slipped to 2.1% in April, lower than expected, Fed's preferred gauge shows

Forbes17d

Australian Inflation Rate: Wages Rise Above CPI

The current annual inflation rate in Australia is 7%, according to ABS data released in April for the March quarter. This figure is down from a 30-year high of 7.8% in the previous quarter.

The Business Times4d

Australia: Shares at 3-month high ahead of inflation data; RBNZ decision in focus

AUSTRALIAN shares climbed on Wednesday, reaching their highest levels in more than three months, supported by strength in banking and mining stocks ahead of the release of April inflation data later in the day.

11d

AUD/USD retreats as RBA delivers expected rate cut, signals limited easing ahead

AUD/USD slipped around 0.65% to 0.6408 following the decision, reversing Monday’s modest gains. Political instability added to the bearish tone after the National Party withdrew support from Australia’s opposition coalition.

11d

Australian central bank cuts interest rates amid global economic turmoil

The Reserve Bank board statement referred to “the heightened level of uncertainty” in the world economy and said it had “considered a severe downside scenario.”

11d

May RBA Meeting: Dovish Stance Surprises Markets With Growth And Inflation Outlook

The RBA cut its cash rate by 25 bps to 3.85%, citing moderating inflation and heightened global uncertainty as key reasons for the move. Updated forecasts show weaker growth and inflation, but a resilient labor market,

Daily Press1mon

What are the major issues in Australia’s election Saturday?

MEBOURNE, Australia (AP ... center-left Labor Party came to power in 2022’s elections. The rate has been raised a dozen times since then, peaking at 4.35% in November 2023. Annual inflation peaked that year at 7.8%. The central bank reduced the ...