RBA’s Shock Rate Hike Sends Mortgage Costs Soaring In Australia The Reserve Bank of Australia has delivered its 12th shock rate hike since May last year, raising interest rates by 25 basis points up to 4.10%, in an attempt to control inflation. This decision was unexpected, as the majority of economists predicted that interest rates […]
AUD/USD Analysis: Are the RBA on track for another hike? Introduction The recent monetary policy meeting of the Reserve Bank of Australia (RBA) shows that the bank is keeping an upbeat outlook for the economy, and that its next move on interest rates is likely to be an increase. As a result, the Australian dollar, […]
RBA Sees Potential in Stablecoins and CBDCs The Reserve Bank of Australia (RBA) has acknowledged the potential benefits of emerging business models and technologies such as stablecoins and central bank digital currencies (CBDCs), but also noted potential risks and data-collection challenges. In a submission to an inquiry into a new bill for regulating digital assets, […]
