RBA’s next move more likely down than up but probably not until 2025

Householders are suffering most from Australia’s sluggish economy but things could definitely be worseGet our morning and afternoon news emails, free app or daily news podcastAustralia’s economy might not feel miraculous to households and businesses on the brink, but there is definitely an element of mystery about how it’s actually travelling.Contrary to more hawkish forecasters, the Reserve Bank on Tuesday did not adjust its settings to imply its next move would be an interest rate rise.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

May 7, 2024 - 16:30
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RBA’s next move more likely down than up but probably not until 2025

Householders are suffering most from Australia’s sluggish economy but things could definitely be worse

Australia’s economy might not feel miraculous to households and businesses on the brink, but there is definitely an element of mystery about how it’s actually travelling.

Contrary to more hawkish forecasters, the Reserve Bank on Tuesday did not adjust its settings to imply its next move would be an interest rate rise.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

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