The Latest Breaking News from Reserve Bank

The Federal Open Market Committee, or FOMC, is the Fed's chief body for monetary policy. Its voting membership combines the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York and four other Reserve Bank presidents who serve one-year terms on a rotating basis…

The Reserve Bank keeps its cash rate target at a record low 0.1 per cent as it watches the unfolding economic fallout from Russia's invasion of Ukraine .

If you told someone a year ago unemployment was about to dive below 5%, to just above 4%, they wouldn’t have believed you.

The Reserve Bank is in danger of getting left behind by inflation, which means we’re all in danger of getting left behind by galloping interest rates.

Reserve Bank of Australia governor Philip Lowe says home owners have built "big buffers" when it comes to paying the mortgage.

Reserve Bank governor Philip Lowe has warned federal politicians that raising the cash rate too soon could put expected lower unemployment at risk

Ask Reserve Bank governor Philip Lowe why house prices are so high and you'll get a telling response. But you have to read in between the lines.

The jobless rate has dropped to a recorded low of 3.2 percent. It's counter-intuitive, but history teaches us that this shortage of workers has its downsides for our communities.

Reserve Bank Governor Philip Lowe has painted an optimistic view of where the Australian economy is heading after a turbulent 2021.