Rate cuts forecast for both Australia and US
6 Articles
6 Articles
Rate cuts forecast for both Australia and US
Australia's RBA is meeting on Tuesday, but relatively strong wages and jobs data could see the board cut by less than some predicted. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog.
Rate cuts ahead? US stocks bounce as inflation cools
Investor sentiment is improving as fresh data out of the US and Australia shifts expectations for central bank action. Stronger-than-expected labour market figures in Australia have raised questions about whether the Reserve Bank will move ahead with a rate cut next week. While the RBA has signalled it is watching data closely, the resilience in employment may force a delay. Meanwhile, in the US, softer inflation data has lifted hopes that the F…
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