Tag Archives: RBA

Asia stocks climb: Japan, Australia hit record highs; RBA decision ahead – Investing.com

Asia stocks climb: Japan, Australia hit record highs; RBA decision ahead  Investing.com Japan’s Nikkei 225 hits record high as U.S.-China tariff truce extension lifts sentiment  CNBC Asia stocks mostly higher as tariff truce supports sentiment  Reuters Stocks Rise on Tech, China Tariff Truce Extension: Markets Wrap  Bloomberg.com Trading Day: Tariffs, CPI nerves soften sentiment  Yahoo Finance Source link

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RBA cuts interest rates to more than 2-year lows

RBA cuts interest rates to more than 2-year lows

Australia’s central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further tightening if necessary to tame inflation. Pavlo Gonchar | Lightrocket | Getty Images Australia’s central bank cut its benchmark lending rates by 25 basis points on Tuesday, while downgrading the annual …

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