In last week's Brief ( What will the RBA do? ), we explored the psychology of the RBA (and central banks in general) and the hesitancy of the RBA to hike rates aggressively in the face of high rates of inflation.
By Ankika Biswas Oct 8 (Reuters) - Australia's AI investment boom is likely to boost inflation in the near term as productivity benefits take longer to emerge, leaving the central bank with limited ....
Another interest rate hike this year is "plausible", but not necessarily likely, according to economist Ian Harper, who only left the RBAMonetary PolicyBoard in August ... .
A ban on card surcharges has led some cafe owners to lift coffee prices. It's an unintended consequence of the Reserve Bank's card surcharge ban, which was intended to lower prices for consumers ... .
The Reserve Bank doesn't want consumer prices to come down, but to rise more slowly. It's a common misunderstanding that the ABS is partly responsible for ... .
Australian households have significant exposure to artificial-intelligence stocks, leaving consumer spending and the broader economy vulnerable to a sharp correction, according to internal Reserve Bank documents ....
If the RBA hikes interest rates again, the lowest variable rate will likely lift to 6.25% ... The fixed rates on offer have risen in recent months as markets grow more certain the RBA’s next move will be another hike, not a cut.Record refinancing.
DespiteAustralia's rapid housing downturn, which threatens to be the worst in decades, the Reserve Bank believes the main threats to the nation's financial stability come from overseas ... .
Surcharge bans are supposed to save consumers money but retailers say they're being forced to put prices up and are finding ways around the reforms ... .
Australia's big four banks announce interest rate rises after the Reserve Bank of Australia lifted the cash rate to its highest level in more than a decade ... .