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, 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.
Federal Reserve Cuts Interest Rates For The First Time Since 2020
For the first time in more than four years, the Federal Reserve cut its key interest rate. Central bankers are aiming to bolster the economy and prevent unemployment from rising.
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.
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 keeps rates on hold, as expected
The Reserve Bank of Australia held the cash rate steady at 4.35 per cent at its September meeting and kept all options open in its fight against inflation.
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. The committee decided to keep the interest rate on balances held in exchange for settlement at 4.
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 inflation slows to 3-yr low in Aug, core still above target
Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity and a ...
Australia’s inflation eases to 3-year low in August as core inflation continues to decline
Inflation in Australia slowed significantly in August, hitting its lowest level in three years. This welcome development was ...
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 ...
Will the Federal Reserve cut push Australia to take the cash rate plunge?
Reserve Bank of Australia boss Michele Bullock is looking increasingly isolated among her central bank peers for being one of ...
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PM, Treasurer quell Australia rate cut hopes after US Federal Reserve decision
While cost-of-living continues to bite Australians, Treasurer Jim Chalmers on Thursday sought to temper hopes the Reserve ...
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two ...
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 ...