RBNZ holds cash rate at record low
New Zealand's central bank held interest rates at a record low and indicated it doesn't expect to raise them anytime soon.
New Zealand's central bank held interest rates at a record low and indicated it doesn't expect to raise them anytime soon.
The Federal Reserve raised interest rates and forecast at least two more hikes for 2018, signalling growing confidence in the outlook.
Of the G10 currencies, the Australian dollar has been the most inactive in US-dollar terms over 12 months. That appears to be finally changing.
The US official cash rate is poised to rise above Australia's for the first time since 2000 and while it may seem novel in today's market, it won't be a passing fad, say experts.
A Melbourne-based loyalty program for restaurants and cafes will convert its points into its own cryptocurrency, although the value of its initial coin offering has plummeted.
High household debt and the lack of a 'definitive pick-up' in wages growth were key reasons the RBA left the official cash rate steady this ...
Saudi Arabia's decision last week to raise interest rates appears to be having the desired effect, according to economists.
Morgan Stanley says bitcoin's recent moves are similar to the tech boom and bust, but on steroids.
The Fed is expected to confirm rates will continue to rise but the dot plot graph could show a widening divergence of expectations.
The question Jay Powell must answer is whether persistently low unemployment will lead to so much demand and successful pressure from worker...
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