SYDNEY (Reuters) - Australia's central bank cut its cash rate a quarter point to an all-time low of 1.5 percent on Tuesday, the second easing this year as it seeks to defend the economy from creeping ...
SYDNEY, July 25 (Reuters) - Signs announcing a sale are almost permanent fixtures in shop fronts in Sydney, but customers are still wary of spending - a worrying sign as falling inflation pushes the ...
Australia's central bank cut interest rates to an all-time low of 1.75 percent, its first easing in a year as it seeks to restrain a rising currency and insulate the economy from creeping deflation.
SYDNEY (Reuters) - Australia's central bank cut interest rates to an all-time low of 1.75 percent on Tuesday, the first easing in a year as it seeks to restrain a rising currency and stave off the ...
HONG KONG (MarketWatch) -- Australia's consumer prices dipped into deflation for the first time in two years in the recently ended quarter, a development that's likely to be scrutinized carefully at ...
SYDNEY—Australia cut its benchmark interest rate to a record low of 2.25% Tuesday, joining a procession of central banks that have eased policy settings this year in response to the deflationary ...
Producer prices fell to their lowest level since June 2003, raising the prospect of deflation days before the latest inflation figures is released. The quarterly producer price index dropped to -0.4% ...