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Surprising graph that shows the Reserve Bank should stop hiking rates as it's revealed inflation was actually zero for the month of May Monthly measure of inflation at zero By one measure prices ...
The RBA's latest quarterly Statement on Monetary Policy shows its decision to leave rates on hold at 4.1 per cent in August was a close call. The main tool available to the RBA to manage inflation ...
Why didn't we get a rate cut yesterday? The RBA is waiting for more data — especially more inflation data. It wants the inflation rate to be somewhere between 2 and 3 per cent.
In May 2022, RBA's interest rate was as low as 0.1 per cent. Since then, it has been increased by 0.25 percentage points each time to 4.35 per cent, where it has stayed since November 2023.
The Reserve Bank of Australia (RBA) may be pressured to cut interest rates again in July after economic growth was weaker than expected. The Australian economy grew just 0.2 per cent in the March ...
A strong majority of economists, 31 of 37, predicted the RBA will cut its official cash rate (AUCBIR=ECI) by 25 basis points to 3.60% at the end of its two-day meeting on July 8.
With both headline and core inflation back within the RBA’s 2% to 3% target band in the first quarter, the mood at the central bank is likely one of relief that the “scourge” has ended.
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