Aussie Discretionary Retailers Hit Third Straight Record on Rate Cut Hopes
(Reuters) - Australian discretionary retailers hit a record for the third straight session on Thursday, after cooling inflation data raised hopes of an interest rate cut as early as next month, which ...
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ASX Lunch Wrap: Bargain hunters swoop in; Does CPI make RBA rate cut a lock?
Tech stocks help ASX bounce back, Aussie CPI drops to 2.4pc to spark rate cut hopes and wine exports soar ... Read More The ...
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Australia’s Inflation Drops to 2.4%, But Rising Rents and Insurance Keep Pressure High
According to the Australian Bureau of Statistics (ABS), the country’s consumer price index (CPI) rose by 0.2% in the December 2024 quarter, lowering annual inflation to 2.4%. Falling fuel and ...
Inflation falls in Australia, signalling the possibility of further rate cuts
The bank has previously said it is targeting an inflation rate between 2% and 3% before it will cut rates. Then on Wednesday, ...