08:28:16
RBA Chairman Philip Lowe: Policy aims to limit further rise in unemployment.
08:21:25
Singapore Ministry of Trade official: Economic growth and inflation trends are in line with our expectations.
08:20:04
Official of Singapore Ministry of Trade: No technical recession is expected this year.
08:06:21
RBA Chairman Lowe: Interest rates are restrictive, so we are in a phase of policy adjustment.
07:41:59
RBA Chairman Lowe: There is a risk that inflation in the service sector may remain high, prolonging the time that inflation exceeds the target.
07:41:12
RBA Chairman Philip Lowe: The committee is looking to establish a credible path back to inflation targeting over the next few years.
07:40:24
RBA Chairman Philip Lowe: Housing investment is expected to grow again next year after recent difficulties.
07:39:37
Lowe, Chairman of the Reserve Bank of Australia: The data is also consistent with what I said before that the Australian economy continues to move forward along a narrow path.
07:39:28
Lowe, Chairman of the Reserve Bank of Australia: The Australian economy is currently experiencing a period of below-trend growth, which is expected to continue for some time.
07:39:18
RBA Chairman Lowe: It is encouraging that recent data is consistent with a return to target for inflation over the next few years.
07:38:19
RBA Chairman Philip Lowe: Monetary policy may need to be tightened further to ensure inflation returns to target within a reasonable time frame.
07:38:15
RBA Chairman Lowe: Our core forecast is that inflation will reach around 3.25% by the end of next year and return to the target range of 2-3% by the end of 2025.
07:37:40
RBA Chairman Lowe: Monetary policy is in restrictive territory and is trying to create a better balance between supply and demand.
07:37:20
RBA Chairman Philip Lowe: The committee is still determined to restore inflation to the target range of 2% to 3%.
07:36:40
Lowe, Chairman of the Reserve Bank of Australia: The committee has noticed that interest rates have risen sharply in a short period of time, and there is a lag in policy effects.
07:36:33
RBA Chairman Lowe: Things are moving in the right direction, but it is too early to declare victory over inflation.
07:14:18
Russia launched the "Luna-25" lunar lander, which will make a soft landing on the south pole of the moon for the first time.
06:38:13
According to BNO News: The governor of Hawaii in the United States stated that at least 40 people were killed in wildfires, and the final death toll is expected to exceed that of the tsunami that killed 61 people.
06:25:14
According to CNN: The governor of the US state of Hawaii said that the death toll from wildfires "will rise significantly."
05:34:26
U.S. Secretary of State Blinken: The United States will continue to implement all sanctions against Iran.