Marion Kohler, RBA’s Head of Economic Analysis, noted in a speech that inflation is “still high” but acknowledged a welcome trend: it’s decreasing “at a slightly faster rate” than what RBA had forecasted three months prior. Looking ahead, RBA’s expectation is for inflation to settle back into its 2-3% target range by 2025 and reach […]
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Bank of Japan left its policy rate unchanged at around 0.75% as widely expected, and maintained a clear tightening bias, signaling that further rate hikes remain on the table. The decision was passed by an Read more…
Australia’s labor market delivered a strong headline in February, with employment rising by 48.9k, well above expectations of 20k. However, the details painted a softer picture, as the unemployment rate jumped from 4.1% to 4.3%, Read more…
New Zealand’s economy expanded by just 0.2% qoq in Q4, missing expectations of 0.4% qoq and slowing sharply from Q3’s 0.9% qoq pace. On an annual basis, GDP rose 0.2% yoy, marking the first year-on-year Read more…