Australia’s Inflation Rate Rises in August
Australia's monthly consumer price index (CPI) rose 5.2% year-on-year in August, putting the Reserve Bank of Australia on alert for a potential interest rate increase by the end of the…
Further Interest-Rate Increase in Australia Expected
According to the minutes of the Reserve Bank of Australia's July 4 policy meeting, there is a high possibility of a further interest-rate increase as early as August. The central…