Australia Rate Increases Stay in Play Despite Easing CPI — Update
MorningStar·- Australia's consumer-price growth slowed to 4.2% in April from 4.6% in March, partly due to a temporary fuel tax cut. - Transport costs declined 2.7% monthly but rose 6.6% annually, continuing to exert inflationary pressure above the Reserve Bank of Australia's 2.5% target. - The RBA raised its cash rate by 25 basis points and may consider further increases, with market expectations for an additional hike by the end of 2026.Australian shares notch two-week closing peak on Middle East peace hopes
Businesstimes News·The ASX 200 is holding up. The stocks inside aren't
Market Index·Economic and event calendar in Asia, Tuesday, May 19, 2026. Japan GDP, RBA minutes.
Investinglive·- New Zealand's data has opened the calendar. - Japan's preliminary GDP data for the first quarter was released, affected by Trump's unsuccessful actions regarding Iran in March. - The Reserve Bank of Australia's minutes will be released, with Assistant Governor Hunter speaking at 9:25 AM local time.As Trump-adjacent populism surges in Australia, Pauline Hanson cashes in
Businesstimes News·Australia's central bank ramps up inflation fight with third rate hike this year
MSN·- Australia's central bank increased interest rates for the third time this year, elevating borrowing costs to post-pandemic highs. - The Reserve Bank of Australia cited persistent inflation and a global oil shock due to the ongoing conflict in the Middle East as key factors driving this decision. - The main cash rate was raised by 25 basis points during the May policy meeting.How does the ASX 200 perform in May?
Market Index·