RBA ends record streak hikes
The RBA has today announced its decision to leave the cash rate unchanged at 3.60 per cent
The RBA has today announced its decision to leave the cash rate unchanged at 3.60 per cent
RBA decided to keep the official cash rate – the rate banks pay to lend to and borrow from one another – at 0.1 per cent.
At one of the most anticipated Reserve Bank Board meetings in history, the bank announced it wouldn’t be tapping the brakes yet.
The central forecast is for underlying inflation to reach 2.5 per cent over 2023.
The RBA board has decided to keep the official cash rate at 0.1 percent as it expects the economy to recover swiftly.
The Reserve Bank of Australia (RBA) has held the cash rate at 3.50 percent today, as inflation and growth remain close to trend for the second month in a row.
The Reserve Bank of Australia (RBA) left the cash rate unchanged following its meeting today, citing on-trend growth and inflation.
The Reserve Bank of Australia (RBA) has left interest rates unchanged at its monthly meeting today, with Governor Glenn Stevens saying it doesn’t appear the world economy is headed for another deep downturn.
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