Reserve Bank keeps rates on hold
Australia’s Central Bank Keeps Rates on Hold, Defying Global Trend
The Reserve Bank of Australia kept interest rates steady, deepening a split with global counterparts including the Federal Reserve that are loosening policy as they grow increasingly confident that inflation is under control.
Australia's central bank keeps rates on hold, stays hawkish
Australia's central bank on Tuesday held interest rates steady as expected and reiterated that policy needed to stay tight to bring inflation to heel, sticking to its guns a week after the Federal Reserve started its easing campaign with a bang.
Australia reacts as US Federal Reserve slashes interest rates
Australia’s interest rate path and the outlook for its economy has entered a new zone of uncertainty after the US Federal Reserve slashed interest rates in the world’s largest economy on Thursday morning.
Reserve Bank keeps interest rates on hold at 4.35pc
The RBA has kept interest rates on hold at 4.35 per cent, saying inflation is still too high to start cutting rates.
Australia's central bank holds rates, softens hawkish stance slightly
Australia’s central bank on Tuesday reiterated that interest rate cuts were unlikely in the near term as it held policy steady, but softened its hawkish stance by saying monetary tightening was not discussed.
Australia signals rate to stay the same
At 3.9 percent, Australia’s core prices remain well above target, driven largely by non-discretionary spending such as insurance, education and housing. The job market remains in good shape with unemployment at 4.2 percent.
Australia's central bank keeps rates on hold
Australia's central bank has today held interest rates steady as expected and reiterated that policy needed to stay tight to bring inflation to heel, sticking to its guns a week after the Federal Reserve started its easing campaign with a bang.
Reserve Bank keeps rates on hold for the seventh straight time
There was no relief for borrowers in the grips of mortgage stress today, with the Reserve Bank opting to keep rates on hold for the seventh straight time. The governor conceded that she knows Australian households are hurting but says getting inflation under control means making tough decisions.
RBA leaves interest rates on hold at 4.35 per cent
The Reserve Bank of Australia has held the cash rate at 4.35 per cent for the seventh consecutive meeting. Outside a Trump rally in Pennsylvania, young people in MAGA hats say they’re scared for their
Reserve Bank of Australia holds cash rate steady for seventh consecutive meeting
At its September meeting, the Reserve Bank of Australia held its cash rate at 4.35%, matching market expectations and maintaining borrowing costs for the seventh consecutive meeting.
At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters
Australia’s inflation rate was pushed down by a 17.9% fall in electricity prices, but even the Reserve Bank’s preferred ...
Australia’s Monthly Inflation Eases to Lowest in Three Years
A partial gauge of Australian inflation cooled in August as government assistance to cushion the impact of energy costs ...
Why is the US cutting interest rates? What does it mean for Australia?
The cut will have implications for Australia's economy. It means the Reserve Bank's cash rate target, which sits at 4.35 per ...
Why is the Reserve Bank independent from government, and why does it matter?
The Greens have called for the government to intervene and tell the RBA to cut interest rates. Such a step would undermine ...
The Australian5d
Australia reacts as US Federal Reserve slashes interest rates
Federal Reserve chairman Jerome Powell said the Fed ... The RBA Board meets next week, with Australia’s cash rate sitting at 4.35 per cent after rising sharply from 0.1 per cent in May 2022.
Both headline and underlying inflation ‘coming down’ in Australia
Deloitte Access Economics Lead Partner Pradeep Philip says both headline and underlying inflation are “coming down” in ...
Australian Inflation Rate Slides to 2.7% in August and into the RBA Target Range
Aussie inflation slows to 2.7%, influencing AUD/USD movement. Softer CPI sparks RBA rate cut speculation, with US home sales ...