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Mortgage rates have slumped more than 2% over the past 18 months, but don’t expect much more relief. The Reserve Bank of New ...
Purchasing managers’ surveys in the U.S. and a number of other countries will be watched closely. A decision by the European ...
Falling real wages, higher living costs, increasing unemployment and homelessness are all intensifying amid growing class inequality.
Although interest rates and unemployment have an indirectly inverse relationship, that relationship can be clouded by broader factors in the labor market.
The central bank said that ending surcharges on debit and credit cards, including on the Mastercard and Visa networks, will save consumers 1.2 billion Australian dollars, equivalent to about US$785 ...
New Zealand’s savings, borrowing and investment behaviour is likely to change as its population ages, affecting interest ...
The Reserve Bank of Australia (RBA) shocked the market last week by holding rates at 3.85%. The market was pricing in a 25bps cut, implying an 88% chance. Still, after a two-day meeting, the central ...
Australia's Project Acacia is now in an active testing phase and is piloting CBDCs, stablecoins and tokenized assets with ...
Issuance of pilot wholesale CBDC for testing the use cases will take place on different blockchain platforms, such as Hedera ...
The Reserve Bank of Australia is testing stablecoins and a wholesale CBDC in a six-month trial with major banks to explore ...
New Zealand’s economic trajectory is showing signs of renewed momentum as the Reserve Bank of New Zealand (RBNZ) announced ...
Equities were mixed in the Asia Pacific, with gains in Japan, South Korea, Taiwan, among the large bourses, while China, Hong Kong, Australia, and New Zealand moved lower.
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