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Australia's core inflation came in stronger than anticipated in October, suggesting the Reserve Bank will remain on the sidelines as it tries to assess whether the economy is running beyond its speed limit....
Australia's labor market is too tight for inflation to settle within the central bank's 2-3% target, Reserve Bank Assistant Governor Sarah Hunter said Thursday, even as policy makers try to gauge how close the economy is to full employment....
Australia's central bank held its key interest rate steady in a widely anticipated decision, warning of stronger inflationary pressures in the economy and re-affirming that future moves will be guided by incoming data....
Former Australia central bank Governor Philip Lowe said that inflation data this week “has spoken” and policymakers are likely to keep the cash rate unchanged for a period to assess the economy....
CANBERA (dpa-AFX) - The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as traders' bet on rate cut pause by the Reserve Bank of Australia (RBA), f......