RBA June Rate Decision
Yesterday the Reserve Bank of Australia (RBA) board decided to leave the cash rate on hold, at 1.75%. This follows their 0.25% cut in May from a previous cash rate of 2.00%. The RBA noted in their press release…
Category Interest Rates
RBA May Rates Decision
Today the RBA Board decided to lower the cash rate by 25 basis points to 1.75 per cent, effective 4 May 2016. The RBA noted in their press release “Inflation has been quite low for some time and recent data were unexpectedly low. While…
RBA April Rates Decision
Today the RBA left the official cash rate on hold at 2.00% during their April board meeting in Hobart. The RBA noted in their press release “the Board judged that there were reasonable prospects for continued growth in the economy,…
RBA March Rates Decision
Today the RBA left the official cash rate on hold at 2.00% at their March 2016 meeting. Source:RBA The RBA noted in their press release “the Board judged that there were reasonable prospects for continued growth in the economy, with…
First RBA Interest Rate Decision for 2016
Today the RBA left the official cash rate on hold at 2.00% during the first board meeting of 2016. The RBA noted in their press release “low interest rates are supporting demand, while regulatory measures are working to emphasis prudent lending standards…