• 11/26/2024

Australian Consumer Confidence Climbs as Rates Peak Nears

Wall Street Journal

Australian consumer confidence jumped last week amid rising speculation the Reserve Bank of Australia will keep interest rates on hold this month and signal that interest rates are close to their peak for the current tightening cycle.

https://www.wsj.com/articles/australian-consumer-confidence-climbs-as-rates-peak-nears-52bed6bf