Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Reserve Bank of Australia anticipates interest rate cut due to economic pressures.

flag The Reserve Bank of Australia's upcoming interest rate decision, set for May 19-20, will be heavily influenced by wages and unemployment data from the Australian Bureau of Statistics. flag Expectations for a rate cut have risen due to US President Trump's tariffs, which have impacted global trade and economic growth. flag The rates market is fully pricing in a 25-basis point cut, with a 50-basis point cut viewed as more likely than not. flag The unemployment rate, currently at 4.1%, is expected to rise to 4.2% and could reach 4.5% by 2026, according to the International Monetary Fund, due to slower economic growth.

21 Articles