The Reserve Bank has cut rates for the first time in four years. But it is cautious about future cuts
The first cut in interest rates was expected, but the central bank has warned the economic outlook remains uncertain.
Fed's Barr, stepping down from regulatory post, warns against weaker bank rules
The Federal Reserve's top regulatory official cautioned Thursday against a weakening of bank rules and oversight that could ...
India's RBI must infuse 1 trillion rupees by March-end to ease bank liquidity gap, analysts say
India's central bank will need to inject at least another 1 trillion rupees ($11.54 billion) into the banking system by March ...
Why the Reserve Bank poured cold water on future interest-rate-cut expectations
No sooner had the Reserve Bank cut interest rates did governor Michele Bullock find herself being asked the obvious question ...
Crikey1d
Reserve Bank admits it doesn’t know what’s going on with jobs
In its latest Statement of Monetary Policy, the RBA has admitted a key risk to its forecasts is that it's not really sure what's happening in the jobs market.
Reserve Bank offers coalition a lifeline, but National’s funny calculations show economy isn’t as good as it thinks – Thomas Coughlan
Thomas Coughlan, Deputy Political Editor at the Herald, loves applying a political lens to people's stories and explaining the way things like transport and finance to ...
Senators call for stronger ethics enforcement at Federal Reserve
Sens. Rick Scott (R-Fla.) and Elizabeth Warren (D-Mass.) urged the Federal Reserve chair to hammer down on “improper” trade ...
India's central bank weighs some relief for New India Co-op Bank depositors, sources say
The Reserve Bank of India is working on a plan to allow depositors of troubled New India Co-operative Bank to make special ...
The Spinoff2d
Reserve Bank says healthy OCR cut signals better days ahead
Following the OCR announcement, the government was keen to focus on the Reserve Bank’s positive outlook for 2025. “This is ...
Reserve Bank rate cut may lead to more fixed mortgage reductions
An economist says he expects to see banks offering more fixed-rate mortgage cuts over the next couple of weeks, following the ...
Repairer Driven News20h
Federal Reserve: Auto loan balances increase by $11 billion in Q4
Household debt increased by $93 million, reaching $18.4 trillion, while auto loan balances increased by $11 billion to $1.66 trillion during Q4 2024, according to the Federal Reserve Bank of New ...