In a statement that has drawn both relief and skepticism, Australia’s Treasurer, Jim Chalmers, declared that the worst of the ...

On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...

Investment markets and key developments over the past week Global shares were mixed over the last week with US shares down as ...

Wall Street pointed higher early Friday as more strong earnings results trickled in along with a closely-watched report from ...

With promising inflation data and the big four banks in consensus, the stars could be aligning for a wallet-relieving interest rate cut for Australian homeowners within weeks. The Reserve Bank has ...

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...

A leading LNP MP has hosed down growing expectations that the Reserve Bank will cut interest rates next month after ...

Australia's big banks are telling borrowers to expect rate cuts next month - but mortgage holders overseas have been getting generous relief since last year. NAB on Thursday became the last of the Big ...

The central bank is on hold with interest rates until the inflation picture improves. Consumer prices were 2.3% higher in January than the first month of 2024, down from a 2.6% rise in December. As ...

The PCE report is due at 8:30 a.m. ET Friday. The ECB reduced its key interest rate to 2.75% from 3% Thursday, widening a gap in benchmark borrowing costs with the Federal Reserve. It was the fifth ...

Scientists found a free-living coral species actively travels toward blue light resembling its natural habitat and moves like a jellyfish to migrate.

Aussie house price growth will slow in 2025, compared to the previous year, despite multiple interest rate cuts on the ...