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The Reserve Bank of Australia maintains the interest rate at a 13-year high, suggesting that it has made progress in fighting inflation. The Reserve Bank of Australia maintains the key interest rate at a 13-year high to cope with stubborn price pressure, while suggesting that it has made some progress in fighting inflation. The Reserve Bank of Australia kept the cash interest rate unchanged at 4.35% on Tuesday. As widely expected, it has kept the interest rate at this level for more than a year. The Monetary Policy Committee said that "there is some confidence that inflation is moving towards the target in a sustainable way". Australian dollar and policy-sensitive 3-year Australian government bond yields fell. Since the last meeting of the Reserve Bank of Australia, the Australian dollar has fallen by about 3% against the US dollar, while Australian government bonds have risen due to the expectation of interest rate cuts as early as February next year.World Bank: Kenya's growth forecast for 2024 is lowered to 4.7% due to financial challenges.Reserve Bank of Australia: Considering the recent data, the Committee's assessment is that monetary policy is still restrictive and is working as expected. In the November forecast, the degree of relief of wage pressure exceeded expectations.

AUD/USD fell in the short term, and the intraday decline expanded to 0.8%, after the Reserve Bank of Australia announced its interest rate decision.Reserve Bank of Australia: It will take some time for inflation to continue to reach its target. The job market is still tight. The economic situation has affected the family's discretionary expenditure. The gap between total demand and supply continues to narrow, and output growth is weak.According to sources, about a month after the strike ended, Boeing restarted the production of the 737 MAX aircraft last week.

Malaysia's palm oil output in November was 1.62 million tons, down 9.80% from October.US prosecutors have filed murder charges against the suspect in the murder of a joint health executive.World Bank: Kenya's growth forecast for 2024 is lowered to 4.7% due to financial challenges.