No RBA rate cut yet, but Governor Bullock is about to find the …
WEB19 hours ago · The RBA has kept interest rates on hold at 4.35 per cent, saying inflation is still too high to start cutting rates. Australian interest rates were "restrictive" (high enough to hurt) but were ...
Headline inflation drops to 2.7pc, down from 3.5pc, as energy …
WEB16 hours ago · After government cost-of-living measures were rolled out, headline inflation fell from 3.5 per cent to 2.7 per cent in August. (ABC News: Sharon Gordon) The annual rate of headline inflation fell ...
Statement by the Reserve Bank Board: Monetary Policy Decision
WEB1 day ago · Communications Department Reserve Bank of Australia SYDNEY. Phone: +61 2 9551 8111 Email: [email protected]. At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
At 2.7%, Australian inflation is back within the RBA zone. Here’s …
WEB12 hours ago · A closely watched measure of Australian inflation dived in the month of August, plunging from 3.5% in July to just 2.7%.. The dip below 3% puts the monthly measure of annual inflation back within ...
RBA interest rates: Inflation to hit 3-year low, but don’t expect an ...
WEB1 day ago · The Reserve Bank of Australia board has left the cash rate on hold at 4.35 per cent and continued to rule out a near-term interest rate cut, even as major central banks overseas start to loosen ...
Why the Reserve Bank is highly unlikely to lift interest rates next ...
WEBJul 30, 2024 · What has politicians transfixed is the possibility that the Reserve Bank of Australia (RBA) will conclude that progress on inflation has stalled and it needs to push up interest rates at least one ...
Statement by the Reserve Bank Board: Monetary Policy Decision
WEBJun 18, 2024 · Inflation remains above target and is proving persistent. Inflation has fallen substantially since its peak in 2022, as higher interest rates have been working to bring aggregate demand and supply closer towards balance.
RBA interest rates: Electricity costs to surge 47pc next year as ...
WEB14 hours ago · Trimmed mean inflation, the RBA’s preferred measure of underlying inflation, was 3.4 per cent in 12 months to August, a two-and-a-half-year low, but well above the central bank’s 2 per cent to ...
RBA governor Michele Bullock says rates won’t decrease until …
WEB1 day ago · RBA governor Michele Bullock says rates won’t decrease until Australia lowers underlying inflation. Holding rates at 4.35 per cent, RBA governor Michele Bullock has said what needs to be done ...
Why the RBA is highly unlikely to lift interest rates next week, even ...
WEBJul 30, 2024 · One is that the Reserve Bank has been forecasting inflation of 3.8% in the year to June. Inflation shot down to 3.6% sooner than it expected in March, and a move back up to 3.8% will return...
Skip to content