11:33:04
RBA: We will take necessary steps to achieve our inflation target.
11:32:55
Reserve Bank of Australia: Inflation is expected to remain within the target range of 2%-3% by the end of 2025.
11:32:45
Reserve Bank of Australia: Board of Directors is determined to restore CPI to target level.
11:32:32
Reserve Bank of Australia: Inflation remains too high and will remain high for some time.
11:32:22
Reserve Bank of Australia: Restoring inflation to target remains the top priority.
11:32:11
Reserve Bank of Australia: Inflation in Australia has reached its peak.
11:31:51
Reserve Bank of Australia: Pausing interest rate hikes will provide time to assess the impact of interest rate hikes.
11:31:29
Reserve Bank of Australia: The economy was slightly stronger than expected in the first half of the year.
11:31:17
The Australian dollar AUD/USD fell more than 10 points in the short term and is now at 0.6337. The Reserve Bank of Australia suspended interest rate hikes for the fourth consecutive time as expected.
11:31:16
Reserve Bank of Australia: Further tightening of policy depends on the evolution of data and risks.
11:31:02
Reserve Bank of Australia: Raising interest rates will help balance supply and demand.
11:30:35
Reserve Bank of Australia: Further tightening of monetary policy may be needed.
11:30:07
[The Reserve Bank of Australia remains on hold] The Reserve Bank of Australia kept interest rates unchanged at 4.10%, suspending interest rate increases for the fourth consecutive time, in line with market expectations. This is also the first meeting since Bullock took over as chairman.
11:30:04
In Australia, the RBA interest rate will be decided at 4.1% on October 3, which is expected to be 4.10% and the previous value was 4.10%.
11:22:21
According to the British Financial Times: India said that Canada must repatriate about 40 diplomats before October 10.
11:21:45
According to the British Financial Times: India asked Canada to withdraw dozens of diplomats.
11:07:41
Bank Negara Malaysia: Monetary policy remains supportive of the economy.
11:06:23
According to the Wall Street Journal: Meta Platforms (META.O) plans to offer ad-free Instagram or Facebook for $14 per month.
10:49:40
WTI crude oil fell more than 1.00% during the day and is now at $86.92/barrel; Brent crude oil fell by 0.96% during the day and is now at $89.29/barrel.
10:45:43
National Hurricane Center: Heavy rain and flooding are expected in parts of the Leeward Islands tonight and Tuesday.
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