Reserve Bank of Australia meet Monday & Tuesday, likely cash rate hold @ 4.35%, 12 yr high ...Middle East

The Reserve Bank of Australia is meeting today and tomorrow, Monday, 17 June 2024 and Tuesday, 18 June 2024.The Bank's decision is due at 2.30pm Sydney time on Tuesdaythis is 0430 GMT and 0030 US Eastern time Reserve Bank of Australia Governor Bullock will hold her press conference an hour later, at 3.30pm local (0530 GMT, 0130 US Eastern time). The latest data relevant to the Bank's two mandates show inflation stubbornly above target (the target band is 2 to 3%):Australian April CPI 3.6% y/y (expected 3.4%)While the jobs market remains solid, with the unemployment rate not too far above its recent near five-decade low:Australian May unemployment rate 4.0% (vs. 4.0% expected)Sticky high infl

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Reserve Bank of Australia meet Monday & Tuesday, likely cash rate hold @ 4.35%, 12 yr high ...Middle East

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