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BRACE Act
Trends
- 1Australia's big four banks expect RBA rate rise next week●Big four banks now unanimous the RBA will lift rates next week | Finance Report | ABC NEWS
Australia's four major banks are now unanimous in forecasting that the Reserve Bank of Australia will raise interest rates at its meeting next week. The shift in forecasts, reported by ABC News' finance desk, suggests markets and economists see an rate hike as near-certain, with borrowers bracing for higher mortgage repayments should the central bank act.
- 2US House Passes BRACE Act on Battery Recycling▼Battery Recycling for America's Competitive Economy Act: U.S. House of Representatives Passes BRACE Act (H.R. 9615)
The U.S. House of Representatives has passed the Battery Recycling for America's Competitive Economy Act, known as the BRACE Act (H.R. 9615). The legislation aims to strengthen domestic battery recycling as part of a broader push for supply chain competitiveness and clean energy materials. Analysts note it could shape the battery and critical minerals industry, with attention now turning to the Senate.