Breaking: RBA lifts interest rate by 25 bps to 4.35% in May, as expected The Reserve Bank of Australia (RBA) announced on Tuesday that it hiked the Official Cash Rate (OCR) by 25 basis points (bps) to 4.35% from 4.10% after concluding its May monetary policy... Breaking: R
Prior 4.10% Statement details to follow... Prior 4.10% Statement details to follow... Coming into the meeting, traders were pricing in ~85% odds of a 25 bps rate hike with ~61 bps of rate hikes priced by year-end. More to come.. This article was written by Justin Lo
In bringing the cash rate back to 4.35%, the RBA will have essentially reversed its brief easing cycle in 2025. In bringing the cash rate back to 4.35%, the RBA will have essentially reversed its brief easing cycle in 2025. This will then bring interest rates back to the r
Bank of Canada Governor Tiff Macklem told parliament he expects the Federal Reserve's culture and conduct to continue unchanged under its incoming chairman, dismissing concerns about Fed independence post-Powell. Bank of Canada Governor Tiff Macklem told parliament he expe
RBA set to raise interest rate amid war-driven inflation The Reserve Bank of Australia (RBA) is having a monetary policy meeting this week and will deliver its decision on Tuesday. RBA set to raise interest rate amid war-driven inflation The Reserve Bank of Australia (RBA)
New York Fed President Williams spoke earlier , says US inflation will hold around 3% this year as Middle East energy disruptions cloud the outlook, while warning oil markets may be too relaxed about supply shock risks Summary: New York Federal Reserve President John Williams...<
Fed’s Williams: No Case for Rate Hikes, Rate Cuts Expected Eventually Very confident in the language of the FOMC statement Current uncertainty limits the ability to offer policy guidance Fed easing bias mainly reflects likely longer-term policy trends Interest rates will need to...</stron
ECB’s Nagel: June rate hike may be warranted if the inflation outlook does not improve Joachim Nagel, member of the European Central Bank (ECB) and President of the Bundesbank, spoke in Frankfurt am Main, Germany, on Monday. ECB’s Nagel: June rate hike may be warranted if
Joachim Nagel, member of the European Central Bank (ECB) and President of the Bundesbank, spoke in Frankfurt am Main, Germany, on Monday. Joachim Nagel, member of the European Central Bank (ECB) and President of the Bundesbank, spoke in Frankfurt am Main, Germany, on Monda
Fed’s Williams: Inflation likely to be 3% this year John Williams, President of the Federal Reserve (Fed) Bank of New York, said in a prepared speech in Cynosure Group Spring Symposium in New York, United States (US), that there is no way to know yet how the Iran war impact will...</stron
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