There was no consecutive rate cut today with the RBA’s official cash rate remaining paused at 4.10% – though global uncertainty is clouding the interest rate picture this year. Following February’s major news of a first rate
Melbourne home loan mortgage holders will celebrate today after the RBA cut the official cash rate to 4.10% following its first monetary policy board meeting of 2025. Modest as it is, a few champagne corks might have
The RBA maintained the official cash rate at 4.35% following today’s final board meeting for 2024. The RBA again reiterated that by 2026 the inflation rate will be ‘sustainably’ in the 2–3% target band, according to its
The Reserve Bank has held the official cash rate at 4.35%, though Australia is on track for a cut, say experts, in the next few months. There were no winners today in the new ‘race that stops
RBA: steady as she goes The official cash rate remains at 4.35%, despite last week’s rate drop by the US Federal Reserve. Interestingly, Australia’s Central Bank noted today that it doesn’t expect inflation to be back in the
The RBA held the official cash rate at 4.35% today, though some analysts are predicting a large drop by Christmas amid concerns over the US economy. Following last week’s Australian CPI figures, the Central Bank delivered another
The official cash rate remains unchanged with the RBA holding it at 4.35% today despite other major central banks around the world beginning rate reductions. With inflationary pressures remaining ‘sticky’ in Australia, today’s announcement underscores the RBA’s
The official cash rate was kept at 4.35%, the RBA announced today, though inflation worries have flared once again. With inflation reducing at a slower than expected rate, most market analysts tipped a pause today. And while this
Following the new two-day monetary policy meeting format, the RBA announced today that the official cash rate remains at 4.35%. The Central Bank of Australia said today that ‘recent information suggests that inflation continues to moderate, in
In a move that surprised few, the RBA today decided to maintain the official cash rate at 4.35% after its first monthly board meeting of 2024. The RBA’s steady approach follows December 2023’s decision to keep rates
As many Melburnians ramp up their end-of-year festivities, the RBA delivered a timely official cash rate pause by holding it steady at 4.35%. Following last month’s 0.25% increase, there had been an expectation that the RBA would
Today, the Reserve Bank took decisive action by increasing the official cash rate to 4.35% in response to persistently higher inflation figures. While many Melburnians enjoyed a day off in the sunshine for the 163rd Melbourne Cup,
