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Economics3h 0m ago
The Reserve Bank board members are meeting today to discuss future interest rate movements, with pressure to raise rates having dissipated due to a cooling economy and an averted September oil crisis.
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Australia, Middle East, Japan, Europe, US, Texas, Louisiana
Who
Reserve Bank board members, Donald Trump, Kevin Warsh, Michael Every, Antoine Halff
What
The Reserve Bank board members are meeting today to discuss future interest rate movements, with pressure to raise rates having dissipated due to a cooling economy and an averted September oil crisis.
When
Mon, 15 Jun 2026 18:40:23 GMT · 3h 0m ago
Where
Australia, Middle East, Japan, Europe, US, Texas, Louisiana ·
Why
The economy is cooling with moderating inflation, rising unemployment, and stagnating growth, while a potential global oil crisis was averted when benchmark oil prices fell to about $US84 a barrel yesterday.
The Frontline Impact
How this affects you
Averted oil crisis and a cooling Australian economy reduce immediate pressure for the Reserve Bank to raise interest rates, potentially leading to stable rates for the rest of the year with possible cuts next year. This could impact global markets and consumer prices.
Story chain
2 events in this thread- Economics3h 0m agoReserve Bank board members are meeting today to discuss future interest rate movements, as a cooling economy and a de-escalation of tensions with Iran have reduced pressure for further rate hikes.Open article
- Currently Reading3h 0m agoThe Reserve Bank board members are meeting today to discuss future interest rate movements, with pressure to raise rates having dissipated due to a cooling economy and an averted September oil crisis.