Category : Search result: Reserve Bank of Australia


Bank employee jailed for £1.2M elderly fraud

A former Commonwealth Bank employee in Australia has been sentenced to prison for defrauding elderly clients out of £1.2 million. Read the shocking details of his elaborate scam.

RBA to cut rates in August: experts

Experts predict the Reserve Bank of Australia will cut interest rates this August, offering relief to borrowers amid economic uncertainty.

US approves Alaska oil drilling in protected reserve

The Biden administration has greenlit a major oil and gas drilling project in Alaska's ecologically sensitive National Petroleum Reserve, sparking fierce debate between energy advocates and environmentalists.

Bank of England holds rates at 5.25%

The Bank of England has kept interest rates unchanged at 5.25% for the fifth consecutive meeting, as inflation remains stubbornly above target. Governor Andrew Bailey signals cautious optimism but warns of persistent risks.

Trump threatens tariffs on Fed's Powell

Former US President Donald Trump has proposed imposing tariffs on Federal Reserve Chair Jerome Powell, escalating tensions over monetary policy decisions. Experts weigh in on the potential economic fallout.

US job growth slows as labour market cools

The latest US jobs report reveals slower employment growth in October, signalling a cooling labour market amid economic uncertainty. What does this mean for the Federal Reserve's next move?

Federal Reserve signals potential rate cuts

Federal Reserve Chair Jerome Powell hints at potential interest rate cuts, sparking market optimism. Here's how it could impact savings, mortgages, and investments.

Fed maintains interest rates amid inflation concerns

The US Federal Reserve has decided to maintain current interest rates, citing mixed economic signals and persistent inflation concerns. Analysts weigh in on the implications for global markets.

HSBC: Bank tax hike risks UK growth

HSBC's CEO cautions that Labour's proposed increase in bank taxes could harm the UK's economic growth, sparking debate over fiscal policy.

RBA inflation move may ease mortgage stress

The Reserve Bank of Australia has made a significant announcement regarding inflation, offering potential relief to millions of homeowners struggling with mortgage repayments.

Mom's revenge on piggy bank thief caught on camera

A furious mother in California took matters into her own hands after a thief stole her daughter's piggy bank. The shocking moment was caught on camera as the suspect faced instant karma.

BoE rate cuts may revive UK property market

Lower interest rates may breathe new life into the UK housing market as buyers gain confidence, but experts warn of regional disparities and affordability challenges.

Oscar winner Awdah Hathaleen killed in West Bank

Awdah Hathaleen, co-director of the Oscar-winning documentary 'No Other Land', was fatally shot during a confrontation in the West Bank. The incident has sparked international outcry.

Barclays in talks to acquire Tesco Bank

Barclays is reportedly in advanced discussions to purchase Tesco Bank, a move that could reshape the UK retail banking sector. Here's how the potential deal might impact consumers and the financial landscape.

Oscar-Winning Doc Star Shot by Israeli Settler

A key figure from the Oscar-winning documentary 'No Land' was shot in the chest by an Israeli settler in a violent confrontation. The victim, a Palestinian farmer, remains in critical condition.

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