Australia's RBA says Q3 inflation key for November rate call
Its remarks open door to possible easing in policy; cut would surprise markets
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Sydney
AUSTRALIA'S central bank says coming data on inflation and employment will be critical for interest rates at its next meeting on Nov 1, opening the door to a possible easing in policy.
A cut would surprise markets, which are pricing in only a small chance of an easing this year or next as Australia's A$1.6 trillion (S$1.7 trillion) economy marks a quarter century of growth without recession.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore