Reserve Bank of Australia (RBA) news

The Reserve Bank of Australia (RBA) is Australia's central bank. Its primary responsibility is to maintain monetary and financial system stability. The RBA uses various monetary policy tools to influence economic conditions and contribute to sustainable economic growth and full employment in Australia.

Australian inflation higher than expected, Aussie extends losses

Australia's CPI remained unchanged at 2.4% for a third consecutive month, higher than the market estimate of 2.3%. The reading has cooled market expectations for a rate cut in July. Later in the day, the Federal Reserve release the minutes from the May 7 meeting.

28-05-2025 13:40 GMT by Kenneth Fisher

Week of May 19th, 2025: RBA rate cut, Canadian CPI, and AUD/CAD analysis

This article provides an analysis of the financial events occurring during the week of May 19th, 2025. It focuses on the Reserve Bank of Australia's (RBA) decision to cut interest rates by 25 basis points due to concerns about a global economic slowdown, and the subsequent impact on the Australian Dollar. Additionally, it examines the release of Canadian CPI data and its implications for the Bank of Canada's (BOC) monetary policy. The article concludes with a technical analysis of the AUD/CAD.

20-05-2025 19:25 GMT by Moheb Hanna