The Federal Reserve raised US interest rates again, the seventh increase since 2015 when the central bank resumed raising rates after the last recession.
The Reserve Bank of Australia left the cash rate on hold at 1.75 per cent, although governor Glenn Stevens hinted at cuts ahead if inflation remains low.
ANZ has broken ranks with its major rivals to predict that stubbornly high unemployment will force the Reserve Bank to again cut interest rates.
The RBA has softened its stance on the exchange rate, noting that the Australian dollar is adjusting to significant declines in key commodity prices.
Sometimes it's hard to know whether the Reserve Bank of Australia changes the wording of its monetary policy announcements because it's views have changed, or b…
Australian unemployment fell below 6.0 percent in March, official data revealed Thursday, surprising analysts who had expected a rise.
The Reserve Bank has strengthened its position on holding a period of stability for interest rates, saying that "the cash rate could remain at its current level…
Irish MP thanks Australia for employing young migrants
Australians are remaining in their jobs for longer, according to new figures.