RBA Sees Recent Data as Insufficient to Prompt Cash Rate Hike

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Australia’s central bank saw the case to hold interest rates at a 12-year high in June as the “stronger one” as recent data hadn’t been sufficient to change its long-held assessment that inflation would return to target by 2026.

South Korea’s Inflation Cools More Than Expected Toward TargetAsian Stocks to Slip After Treasuries Take a Hit: Markets WrapDollar Gets Extra Boost as Supreme Court Ruling Signals US Currency Has Room to RunTexas Governor Wants to Double Gas-Plant Fund to $10 BillionVanguard Sees Yen Sliding to 170 If BOJ Bond Policy DisappointsChina Can Spur Green Jet Fuels Just Like EV Market, Cathay SaysFed Officials Latch Onto ‘Scenarios’ as New Way to CommunicateJudge Blocks Biden’s Bid to Halt LNG Export...

Now He’s Nowhere to Be SeenGlobal Sea Transport Leaps Most Since 2010 After Red Sea AttacksExxon Says Strike Disrupts Operations at Its French Oil RefineryCanada economy on track to grow 1.8% in second quarterAmericans' pandemic savings are gone - and the economy is bracing for impactBank of Canada's cutting cycle a 'big tailwind for Canadians': economistThe Daily Chase: WestJet strike looms as mechanic talks break down againCanada inflation quickens to 2.

 

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