Australia inflation cools in Q4, opens door to rate cut
Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open the door to a cut in interest rates as early as next month.
Australia’s Fourth-Quarter Inflation Cools, Clears Path to February Rate Cut
Inflation in Australia remained in retreat in the final quarter of 2024, stoking the case for the central bank to join the global easing cycle by cutting rates at its coming meeting in February.
Aussie inflation is falling! Now when will the RBA finally cut interest rates?
With inflation sliding, will the RBA now cut interest rates in February? The post Aussie inflation is falling! Now when will the RBA finally cut interest rates? appeared first on The Motley Fool Australia.
Rate cut chances increase after inflation slows in final quarter of 2024
Financial markets are betting the Reserve Bank will preview a rates reprieve in February, with official figures showing the RBA's preferred measure of inflation fell to 3.2 per cent over the year to December.
Australia inflation may decide RBA rate cut and election timing
Australia’s quarterly inflation data this week may be key to whether the central bank finally embarks on a monetary easing cycle soon, and in turn, help decide the timing of an election due by May 17.
Lower inflation in the December quarter boosts chances of an interest rate cut
A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.
Australia CPI grows less than expected in Q4, core inflation above RBA target
CPI grew 2.4% year-on-year in Q4, its slowest pace since early 2021, data from the Australian Bureau of Statistics showed on Wednesday. The reading was just below expectations of 2.5% and eased from the 2.8% seen in the prior quarter. CPI grew 0.2% quarter-on-quarter, slightly less than expectations of 0.3%.
Rate-Cut Expectations Rise in Australia After Inflation Slows
Good morning. It’s Angus in Sydney with the key morning news items.Today’s must-reads:• Australia’s inflation cools• US Fed in no rush to cut rates further• New Zealand’s largest solar farm
Australia’s Inflation Rate Drops to 3.2%, Raising Expectations for an RBA Rate Cut
Australia’s underlying inflation rate has fallen to 3.2%, its lowest level in three years, fueling expectations that the Reserve Bank of Australia (RBA) may reduce interest rates in the coming months.
‘Great news for Australians’: Latest inflation numbers could lead to interest rate drop
News Corp Senior Writer Patrick Carlyon breaks down the latest data concerning Australia’s inflation numbers. “This is great news for Australians,” Mr Carlyon told Sky News host Danica De Giorgio. “These numbers do give the Reserve Bank ground to actually drop interest rates later this month.
Australia's Q4 Inflation Slows Slightly, RBA Rate Outlook Unclear
Australias consumer price index (CPI) inflation grew less than expected in the fourth quarter, signaling a slowdown but still remaining above the Reserve Bank of Australias (RBA) target range. Data from the
When will mortgage rates go down? Here's what Australia's biggest banks say
Australia's biggest four banks are all predicting the Reserve Bank of Australia (RBA) will cut the official cash rate from ...
RBA Ramps Up Scrutiny on Australian Pension Fund Liquidity Risks
Australia’s central bank is honing its focus on potential financial shocks linked to the nation’s fast-growing A$4.1 trillion ...
Australia reports Q4 inflation data below forecasts; core inflation fall to three-year low of 3.2%
Australia's annual inflation rate eased to 2.4% in the fourth quarter, down from 2.8% in the previous period and below ...
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Australia, NZ dollars remain hostage to rate and tariff risks
SYDNEY: The Australian and New Zealand dollars found a sliver of support on Thursday after three straight sessions of losses, ...
No side of politics has a plan to make you better off
The depressing reality is that no party can convincingly articulate a strategy to improve Australians’ fortunes in the next ...