RBA Updates Archives - Page 2 of 9

Nov 07

RBA cash rate for November increased to 4.35%

By afg_admin News, RBA Updates

Following four consecutive monthly pauses, The Reserve Bank of Australia (RBA) has raised the official cash rate by 0.25% to 4.35%. The decision to increase the cash rate follows the recent release of higher than anticipated September 2023 quarter inflation numbers.

Oct 03

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October cash rate remains unchanged at 4.10%

By afg_admin News, RBA Updates

The Reserve Bank of Australia (RBA) has again decided to hold the official cash rate at 4.10%. The decision comes despite annual inflation increasing to 5.2% in August 2023, the first rise in four months.

Sep 29

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RBA’s Potential Rate Cuts: Unravelling AMP Chief Economist’s Forecast

By marketing@top4.com.au News, RBA Updates

In the dynamic landscape of global economics, interest rates often serve as the thermometer indicating the overall health and direction of an economy. Recently, whispers and predictions about the Reserve Bank of Australia's (RBA) potential moves have been rife. Leading the discourse, Shane Oliver, AMP's chief economist, has brought forth…

Sep 05

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September cash rate remains unchanged at 4.10%

By afg_admin News, RBA Updates

For the third consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to maintain the cash rate at 4.10% comes after the monthly Consumer Price Index (CPI) fell to 4.9% in July, down from a peak of 8.4% in…

Aug 01

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August cash rate remains unchanged at 4.10%

By afg_admin News, RBA Updates

For the second consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows the annual household inflation rate falling from 7% in the March quarter to 6% during the June quarter.

Jul 04

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July cash rate remains unchanged at 4.10%

By afg_admin News, RBA Updates

The Reserve Bank of Australia (RBA) today announced the decision to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows a better-than-expected trend in inflation nationally in last month’s CPI report.

Jun 06

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RBA cash rate for June increased to 4.10%

By afg_admin News, RBA Updates

Following a surprise increase last month, the Reserve Bank of Australia (RBA) today again decided to increase the official cash rate by 0.25%. The decision to lift the official cash rate to 4.10% was promoted by the April Consumer Price Index increasing from 6.3% to 6.8% and concerns around the…

May 02

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RBA cash rate for May increased to 3.85%

By afg_admin News, RBA Updates

Following a pause last month, the Reserve Bank of Australia (RBA) today decided to increase the official cash rate by 0.25% to 3.85%. Whilst headline inflation eased to 7% during the March quarter, it remains well beyond the RBA’s target range of 2-3%.

Apr 04

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April cash rate remains unchanged at 3.60%

By afg_admin News, RBA Updates

Following ten consecutive rate rises, the Reserve Bank of Australia (RBA) today decided to hold the official cash rate at 3.60%. Today's decision was spurred by turmoil in global banking markets and the monthly CPI indicator showing local inflation had eased last month.

Feb 07

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RBA cash rate for February increased to 3.35%

By afg_admin News, RBA Updates

The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the ninth consecutive time, this time by 0.25% to 3.35%. Following a higher than expected inflation rate of 7.8% in December, the RBA continues to attempt to rein in inflation with this latest increase. If…

RBA Updates

RBA cash rate for November increased to 4.35%

October cash rate remains unchanged at 4.10%

RBA’s Potential Rate Cuts: Unravelling AMP Chief Economist’s Forecast

September cash rate remains unchanged at 4.10%

August cash rate remains unchanged at 4.10%

July cash rate remains unchanged at 4.10%

RBA cash rate for June increased to 4.10%

RBA cash rate for May increased to 3.85%

April cash rate remains unchanged at 3.60%

RBA cash rate for February increased to 3.35%

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