Monetary Policy | RBA - Reserve Bank of Australia
WEBThe Reserve Bank is responsible for Australia's monetary policy. Monetary policy involves setting the interest rate on overnight loans in the money market (‘the cash rate’).
Statement by the Reserve Bank Board: Monetary Policy Decision
WEB1 day ago — Media ReleaseStatement by the Reserve Bank Board: Monetary Policy Decision. Number2024-18. Date24 September 2024. 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.
Statement on Monetary Policy | RBA - Reserve Bank of Australia
WEBThe Statement on Monetary Policy (SMP) sets out the RBA’s assessment of current economic and financial conditions as well as the outlook that the Reserve Bank Board considers in making its interest rate decisions.
WEBmonetary policy. These domestic risks will play out in a context of slowing global growth. Just how far global growth slows depends in part on how much major central banks need to tighten monetary policy. In the current environment of persistently high inflation, major central banks are raising policy rates quickly and some have indicated
WEBThe material in this Statement on Monetary Policy was inalised on 5 August 2021. The next Statement is due for release on 5 November 2021. The Statement is published quarterly in February, May, August and November each year. All the Statements are available at www.rba.gov.au when released.
Reserve Bank keeps interest rates on hold at 4.35pc
WEB1 day ago — The Reserve Bank has left interest rates on hold at 4.35 per cent. The cash rate will remain at 4.35 per cent for another six weeks, until the RBA board's next meeting in early November.
Reserve Bank warns Australians to brace for tough years ahead to …
WEBNov 4, 2022 — Key points: RBA raises its inflation forecasts, with a peak of 8 per cent in December with the CPI still growing at 3.2 per cent at the end of 2024. Wages growth is expected to near 4 per cent by late 2024, meaning it will take until the second half of that year before workers see a real pay rise.
The Reserve Bank will keep raising interest rates, but don't expect ...
WEBFeb 10, 2023 — In its latest Statement on Monetary Policy — a quarterly guide to the bank's detailed economic thinking and forecasts – the RBA reiterated that it "expects further increases in interest rates will be needed" to ensure that high inflation does not hang around too much longer.
Key recommendations in Australia's review of the RBA | Reuters
WEBApr 20, 2023 — Australia on Thursday released its review of the Reserve Bank of Australia, the first external review of the central bank and the operation of monetary policy in four decades.
RBA interest rates: Cut interest rates or we’ll torpedo RBA overhaul ...
WEB4 days ago — RBA overhaul on life support after Greens demand rate cuts. Michael Read Economics correspondent. Sep 23, 2024 – 5.00am. Treasurer Jim Chalmers’ efforts to create a specialist monetary policy ...