The bank had previously forecasted the Reserve Bank of Australia (RBA) would cut the official cash rate (OCR) once more, sometime in early to mid 2026, bringing rates down to 3.35%.

Dovish Fed expectations for a rate cut, coupled with OPEC+ supply halts and geopolitical risks, are boosting prices for Gold ...

Auckland Mayor Wayne Brown's rates announcement came shortly after Christopher Luxon announced at his post-cabinet press ...

President Donald Trump's latest attempts to assuage Americans' concerns about the economy are being panned by Republican ...

The dollar bloc and sterling are laggards today, while yen has been squeezed higher. Most EM currencies are also firmer. S&P ...

The central bank is also unlikely to hold off on cuts to support the rupee, which has been depreciating against the U.S. dollar, said Shilan Shah of Capital Economics. It "has plenty of ammunition in ...

Aeuro-zone inflation reading that’s likely to stay close to 2% should be enough to satisfy officials that they can avoid tweaking interest rates in December. Consumer prices probably rose 2.1% in ...

Yet, as power diffuses and more economies climb the value chain, the calculus changes. When relative advantage is perceived ...

ANZ has become the latest of the Big Four banks to cancel forecasts of an interest rate cut from the Reserve Bank of ...

Americans are more likely to say President Trump has raised prices than lower them since returning to office this year, ...

The president recently deemed sitting Federal Reserve Chairman Jerome Powell a “numbskull” for not cutting interest rates ...

Australia’s economic growth probably accelerated at the fastest pace in three years last quarter, coinciding with hotter ...