You Searched For "Reserve Bank of Australia" and got 20 results
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2 mins read
India stock indices extend losses from past week
Indian stock market indices extended their losses from the previous week, though marginally, tracki…
ANI
3 mins read
Australia's job market has found a ceiling as lockdowns begin to drag on the recovery
The miraculous national recovery is beginning to hit turbulence, as the expanding labour market app…
2 mins read
IMF warns of an increased risk of recession in the next 12 months, says the global economy has 'darkened significantly'
The commodity price shock from the war in Ukraine had exacerbated the cost-of-living crisis for hun…
2 mins read
Australian central bank hikes interest rate for for first time in over decade
After dropping interest rates down to historic low levels during the Covid-19 pandemic, the Reserve…
2 mins read
Visa is testing a platform that will support central bank digital currencies in partnership with blockchain firm ConsenSys
Payment rival Mastercard already launched a similar CBDC testing platform in December 2020, also in…
Isabelle Lee
2 mins read
Powell rebuts a GOP congressman who suggested the Fed drop its mission to boost employment during recessions
Rep. French Hill of Arkansas proposed the Fed nix its employment target and focus solely on inflati…
Ben Winck
2 mins read
You're more likely to live the American dream in Germany, Denmark, or Australia
A child born in poverty in America is less likely to move up into the middle class in adulthood tha…
Matt Turner
3 mins read
The Fed didn't just make America's rich richer during the pandemic. The world's wealthy class got a boost.
Global stocks and home prices are soaring, unlike the Great Recession. It shows how the Fed's quant…
Ben Winck
2 mins read
Sensex, Nifty trade flat as Bank Nifty drags; global peers in the red
Stock indices Sensex and Nifty traded flat due to profit-taking in financials and IT shares, with t…
2 mins read
Australia, Malaysia, Singapore and South Africa will trial cross-border central bank digital payments
Australia, Malaysia, Singapore and South Africa have decided to jointly test multiple CBDC's that f…
Camomile Shumba
3 mins read
Credit Suisse just went ‘overweight’ on India — says the pandemic is “no longer a factor”
International investment bank Credit Suisse just upgraded its rating on the Indian market to “overw…
3 mins read
Are we in a recession? Elon Musk says the pile of failed banks proves it.
Insider's Phil Rosen breaks down the latest market developments and the economic outlook of top com…
Phil Rosen
1 min read
King Charles III will not appear on Australia's paper currency, which will stop featuring the British monarchy
Australian coins, which are controlled by Australia's mint and not the central bank, will continue …
Brian Evans
2 mins read
The Fed is considering a policy tool not used since World War II to keep borrowing costs at historic lows
Yield-curve control allows central banks to target certain long-term interest rates through the lim…
Ben Winck
3 mins read
Here's why the Federal Reserve could snuff out a market rebound
The biggest story in markets today is how the Fed could snuff out a market rebound. Plus, expert st…
Phil Rosen
2 mins read
The world's major central banks bought $1.4 trillion of assets in March — 5 times the last record set after the financial crisis
The Fed made up $1.1 trillion of the total, while the central banks of Australia, New Zealand, and …
Ben Winck
4 mins read
‘Home prices have to fall’— Indian government’s stern message to realtors has other backers too
“We are trying for some concession but if not you will have to sell. Now, it is up to you. I c…
2 mins read
Gold prices can soar to a record $2,000 on inflation fears and safe-haven demand, analyst says
Understanding how inflation will trend "is really the key" to judging the gold rally's future, Comm…
Ben Winck
1 min read
The West should confiscate Russia's currency reserves to help Ukraine while easing risk to US dollar's dominance, says anti-Putin hedge fund manager
The $300 billion in frozen Russian central bank reserves could be used to help Ukraine, Bill Browde…
Filip De Mott
2 mins read
Australia won't put King Charles on new $5 bill, instead opting for a design honoring Indigenous people
The Reserve Bank announced Thursday that it will consult with First Australians to design a $5 bill…