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Australia's economy unexpectedly accelerated in Q2, strengthening the case for further tightening by the RESERVE BANK OF AUSTRALIA. The Australian Bureau of Statistics reported Q2 GDP +0.4% QoQ (consensus 0.3%) and +2.1% YoY (consensus 1.8%). The pri

2026-09-02

Australia's economy unexpectedly accelerated in Q2, strengthening the case for further tightening by the RESERVE BANK OF AUSTRALIA. The Australian Bureau of Statistics reported Q2 GDP +0.4% QoQ (consensus 0.3%) and +2.1% YoY (consensus 1.8%). The prints suggest prior RBA measures to curb inflation have not materially slowed activity. GDP will be a key input ahead of the RBA's Sep 28–29 meeting. NAB economist Sally Auld, after stronger-than-expected inflation, now expects a September hike and said the risk of a further November increase "leans to the upside." The RBA held rates unchanged for a second straight meeting last month after three hikes from Feb–May.

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2026-09-02

RBNZ: The decision reduces the risk of needing further increases in the official cash rate (OCR). Future policy decisions will depend on the committee’s assessment of the balance of medium‑term inflation risks.

RBNZ: The decision reduces the risk of needing further increases in the official cash rate (OCR). Future policy decisions will depend on the committee’s assessment of the balance of medium‑term inflation risks.
2026-09-01

US Treasury Secretary Bessant: Zero tolerance for Iran will stifle its economic development.

US Treasury Secretary Bessant: Zero tolerance for Iran will stifle its economic development.
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