* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, September 3, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

    Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

    Liam Payne’s Cousin Ross Harris Honors Late Singer With Emotional Song ‘Bones’ – yahoo.com

    Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

    Country music star apologizes after drunken show ends with cops taking him down: ‘I’m not OK’ – PennLive.com

    Country Music Star Apologizes After Drunken Show Ends in Police Intervention: ‘I’m Not OK

    Comanche Nation Entertainment closes casino near Devol – KSWO 7News

    Comanche Nation Entertainment Closes Casino Near Devol in Surprising Move

    Erykah Badu Announces ‘Abi & Alan’ Album With The Alchemist Will Be Delayed – yahoo.com

    Erykah Badu Opens Up About the Delay of Her Highly Anticipated ‘Abi & Alan’ Album with The Alchemist

    If You Needed Some BTS Pics Of The Rock’s Tree Trunk Legs To Spice Up Your Day, We Got ‘Em – yahoo.com

    Need a Boost? Check Out These Epic BTS Shots of The Rock’s Tree Trunk Legs!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Blockchain lender Figure Technology seeks to raise up to $526M in IPO (FIGR:Pending) – Seeking Alpha

    Blockchain Lender Figure Technology Sets Sights on $526M in Thrilling IPO Launch

    New Technology from Ramsey Theory Group Brings Diagnostic Testing and Telehealth Directly into Patients’ Homes – Yahoo Finance

    Revolutionary Ramsey Theory Technology Delivers Diagnostic Testing and Telehealth Right to Your Doorstep

    China’s CATL sells stake in Finnish subcontract car manufacturer – Reuters

    China’s CATL Sells Stake in Finnish Auto Supplier in Strategic Move

    This Secret Technology Will Make The IPhone 17 Super Thin Air – VOI.ID

    How This Breakthrough Technology Will Make the iPhone 17 Incredibly Thin and Lightweight

    Gator football kicks off with excitement and new technology – WCJB | TV20

    Gator Football Kicks Off with Thrilling Action and Innovative Technology

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

    Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

    Liam Payne’s Cousin Ross Harris Honors Late Singer With Emotional Song ‘Bones’ – yahoo.com

    Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

    Country music star apologizes after drunken show ends with cops taking him down: ‘I’m not OK’ – PennLive.com

    Country Music Star Apologizes After Drunken Show Ends in Police Intervention: ‘I’m Not OK

    Comanche Nation Entertainment closes casino near Devol – KSWO 7News

    Comanche Nation Entertainment Closes Casino Near Devol in Surprising Move

    Erykah Badu Announces ‘Abi & Alan’ Album With The Alchemist Will Be Delayed – yahoo.com

    Erykah Badu Opens Up About the Delay of Her Highly Anticipated ‘Abi & Alan’ Album with The Alchemist

    If You Needed Some BTS Pics Of The Rock’s Tree Trunk Legs To Spice Up Your Day, We Got ‘Em – yahoo.com

    Need a Boost? Check Out These Epic BTS Shots of The Rock’s Tree Trunk Legs!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Blockchain lender Figure Technology seeks to raise up to $526M in IPO (FIGR:Pending) – Seeking Alpha

    Blockchain Lender Figure Technology Sets Sights on $526M in Thrilling IPO Launch

    New Technology from Ramsey Theory Group Brings Diagnostic Testing and Telehealth Directly into Patients’ Homes – Yahoo Finance

    Revolutionary Ramsey Theory Technology Delivers Diagnostic Testing and Telehealth Right to Your Doorstep

    China’s CATL sells stake in Finnish subcontract car manufacturer – Reuters

    China’s CATL Sells Stake in Finnish Auto Supplier in Strategic Move

    This Secret Technology Will Make The IPhone 17 Super Thin Air – VOI.ID

    How This Breakthrough Technology Will Make the iPhone 17 Incredibly Thin and Lightweight

    Gator football kicks off with excitement and new technology – WCJB | TV20

    Gator Football Kicks Off with Thrilling Action and Innovative Technology

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Marvell Technology (MRVL) Loses 18.6% as Growth Outlook Fails to Impress – Yahoo Finance

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Reserve Bank of Australia Faces Pressure to Raise Interest Rates

November 1, 2023
in Business
Reserve Bank of Australia Faces Pressure to Raise Interest Rates
Share on FacebookShare on Twitter

Reserve Bank of Australia Faces Pressure to Raise Interest Rates

The International Monetary Fund (IMF) and market economists are urging the Reserve Bank of Australia (RBA) to increase interest rates to counteract stubborn inflation rates and escalating home prices. The pressure comes despite substantial monetary policy adjustments and fiscal consolidation by the RBA in recent times.

The IMF’s mission chief, Abdoul Wane, has advised the RBA to continue raising interest rates from the current 4.1%, warning that further hikes may be necessary if the Albanese government fails to postpone multibillion-dollar infrastructure projects. The IMF believes that Australia’s economy is operating “above capacity”, with persistent inflation, low unemployment, and rising house prices.

New RBA Governor Michele Bullock has indicated a possible 13th rate hike if inflation doesn’t decrease quickly enough, potentially elevating the cash rate to 4.35%. However, she remained undecided based on last week’s data that showed inflation surpassing RBA’s target.

The IMF also highlighted that governments should participate in reducing inflation through coordinated monetary and fiscal policies and a moderated pace of public investment projects. Without such initiatives, it warned that interest rates might need to rise even further, disproportionately burdening mortgage holders as mortgage payments have doubled due to higher interest rates.

The IMF pinpointed low housing supply as an economic concern, with prices starting to increase again leading to an affordability challenge in housing and rapid increase in rents. Australian Bureau of Statistics data revealed new home approvals dropped 4.6% in September, exacerbating the issue.

The IMF predicts a delay in Australia’s inflation reaching the 3% target until early 2026, beyond the Reserve Bank’s late-2025 target. Wane emphasizes the risk of high and persistent inflation and supports higher interest rates to reduce inflation faster and minimize the risk of de-anchoring inflation expectations.

In its report, the IMF also called for Australia to bolster efforts towards climate change mitigation, including reintroducing a carbon tax and implementing an economy-wide carbon price for achieving net zero emissions, ensuring the integrity of carbon offsets under the federal government’s safeguard mechanism.

In contrast, the Central Bank of Azerbaijan (CBA) anticipates annual inflation to stay within the target range through this year and into 2024, due to bolstered restraining factors and stable inflationary expectations. The CBA has decreased the discount rate as part of its monetary policy adjustments. It projects inflation rates of 4.3%, 5.3%, and 3.4% for 2023, 2024, and 2025 respectively, influencing its future monetary policy choices. If no significant threats emerge from both external and internal environments, a progressive easing of monetary policy will be considered. Following the CBA Board’s decision, the discount rate has been reduced from 9% to 8.5% and the interest rate corridor adjusted, with these changes effective from November 2, 2023.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Investing.com – https://www.investing.com/news/economy/reserve-bank-of-australia-faces-pressure-to-raise-interest-rates-93CH-3217261

Tags: AustraliabusinessReserve
Previous Post

Column-Japan calls time on G10 ‘central bank put’: McGeever

Next Post

US Treasury increases size of most of its debt auctions

Grassland ecological compensation accounting based on the flow of emergy ecological products: a case from the Qinghai Tibet region, China – Nature

Innovative Grassland Ecological Compensation Accounting Using Emergy Flow: Insights from the Qinghai-Tibet Region

September 3, 2025
Climate scientists file a public, point-by-point rebuttal of Trump admin report casting doubt on climate change – CNN

Climate Scientists Deliver a Detailed Public Rebuttal to Trump Administration’s Climate Change Doubts

September 3, 2025
Earth’s Seasons Are Out of Sync, Scientists Discover From Space – ScienceAlert

Scientists Reveal Earth’s Seasons Are Falling Out of Sync Through Space Observations

September 3, 2025
Fasting glucose improvement following a short-term, culturally adapted lifestyle intervention in Latino adults at risk for type 2 diabetes mellitus: a quasi-experimental study – BMC Nutrition

Short-Term Culturally Tailored Lifestyle Intervention Boosts Fasting Glucose in Latino Adults at Risk for Type 2 Diabetes

September 3, 2025
Blockchain lender Figure Technology seeks to raise up to $526M in IPO (FIGR:Pending) – Seeking Alpha

Blockchain Lender Figure Technology Sets Sights on $526M in Thrilling IPO Launch

September 3, 2025
One big question for every postseason team, Rangers in the mix & notable September call-ups – Yahoo Sports

Key Questions for Every Postseason Team: Rangers in the Mix and Notable September Call-Ups

September 3, 2025
Is it OK to be happy when the world is falling apart? | Avram Alpert – The Guardian

Is It Possible to Find True Happiness When the World Feels Like It’s Falling Apart?

September 3, 2025
US economy grew at a faster pace in Q2 following Commerce Department revision – Fox Business

US Economy Accelerates in Q2 After Commerce Department Revision

September 2, 2025
Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

September 2, 2025
‘I was very active’: Trump dismisses social media rumors about his health – Spectrum News

Trump Confidently Declares He’s in Top Shape, Brushing Off Health Speculations

September 2, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (804)
  • Economy (822)
  • Entertainment (21,702)
  • General (16,826)
  • Health (9,863)
  • Lifestyle (837)
  • News (22,149)
  • People (824)
  • Politics (830)
  • Science (16,033)
  • Sports (21,321)
  • Technology (15,803)
  • World (803)

Recent News

Grassland ecological compensation accounting based on the flow of emergy ecological products: a case from the Qinghai Tibet region, China – Nature

Innovative Grassland Ecological Compensation Accounting Using Emergy Flow: Insights from the Qinghai-Tibet Region

September 3, 2025
Climate scientists file a public, point-by-point rebuttal of Trump admin report casting doubt on climate change – CNN

Climate Scientists Deliver a Detailed Public Rebuttal to Trump Administration’s Climate Change Doubts

September 3, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version