Cash rate for June remains unchanged at 0.1%
As widely expected the Reserve Bank held rates at 0.10% at its board meeting today. All eyes will be on the minutes of the meeting to see if there has been any softening on the RBA’s stance that rates would not increase until 2024. Since their June meeting there has...
Cash rate for May remains unchanged at 0.1%
The RBA held its monthly board meeting today and as expected, maintained the cash rate at 0.10%. As a sign the economy is growing at a healthy but controlled pace, the RBA is heavily focused on restoring inflation to within its 2-3% target range. The recently released...
Cash rate for April unchanged at 0.1%
The RBA met today and as predicted by most economic experts left the cash rate at 0.10%. The RBA has previously stated that it does not expect rates to increase until it sees sustained wage growth and inflation returning to within its target range of 2-3%. With...
RBA’s cash rate unchanged at 0.1% for March
The RBA met today, leaving the cash rate at 0.10%, in line with their previous guidance that they expected rates to remain unchanged for some time. The market has been speculating that rates may rise as early as late next year based on optimism around the vaccine...
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