Asia-Pacific markets set for mixed open ahead of RBA rate decision, key U.S. inflation data
Investors will be keeping a close watch on Australian markets as the country's central bank is widely expected to slash cash rates.
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3 months ago
4 months ago
Australia's second-quarter inflation drops to lowest since March 2021, supporting case for rate cut
This was lower than the 2.2% expected by economists polled by Reuters, and is almost touching the lower band of the 2%-3% target set by the RBA
Australia unexpectedly holds policy rate as it awaits more inflation data
The RBA said it was waiting for "a little more information to confirm that inflation remains on track to reach 2.5 per cent on a sustainable basis."
6 months ago
Asia-Pacific markets rise as investors eye Reserve Bank of Australia and China loan prime rate decisions
The RBA has emphasized in its previous monetary policy statement that bringing inflation to its 2% to 3% target range sustainably remains its highest priority.
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