Category Archive for: Interest Rates

RBA makes much anticipated cash rate decision

The Reserve Bank of Australia has delivered its decision from its monthly board meeting.  Board members decided to slash the cash rate from 2% to a new record low 1.75%. Economists are saying underlying inflation is undershooting the 2% to 3% target band, and that suggests little risk in cutting rates further.  They’d also be…

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RBA Keeps the cash rate on hold, yawn!

The Reserve Bank of Australia has announced the outcome of its monthly board meeting. As predicted by a vast majority of experts and me (needed to get that in), the board decided to leave the official cash rate at a record low of 2 per cent, where it has been since May 2015. Thirty–four out…

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RBA Rate Announcement

The Reserve Bank of Australia has made its final interest rate decision of the year at its monthly board meeting.  The board confirmed most punters expectations by leaving the official cash rate at a record-low setting of 2 per cent, where it has been since May. All 33 economists and commentators recently surveyed by comparison…

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Looks Like The RBA Will Keep The Cash Rate On Hold

Australia’s leading economists unanimously expect the Reserve Bank to leave the official cash rate on hold when it makes its announcement in a few hours. Only two of the 31 leading economists polled in the finder.com.au Reserve Bank Survey predict the cash rate to fall in November this year, while the rest do not think…

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