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RBA Updates

Cash rate update for December 2024

By News, RBA Updates
The Reserve Bank of Australia (RBA) has announced a hold on the cash rate of 4.35% at today’s meeting.   The decision to keep the cash rate unchanged was widely expected at this meeting. Policymakers are likely taking into account the Consumer Price Index (CPI) sitting at 2.8%, which is within…
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Cash rate update for November 2024

By News, RBA Updates
The Reserve Bank of Australia (RBA) has announced a hold on the cash rate of 4.35% at today’s meeting.   The decision to keep the cash rate unchanged reflects a balance between domestic and global economic factors. Inflation in Australia is currently at a three-year low, with the Consumer Price Index (CPI)…
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Cash rate update for August 2024

By News, RBA Updates
The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today's meeting. With the June 2024 quarter Consumer Price Index (CPI) coming in slightly lower than some expected at 3.8% and monthly unemployment rising to 4.1% in June 2024, this decision reflects…
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Cash rate update for June 2024

By News, RBA Updates
The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today’s meeting. This decision reflects the RBA's cautious approach and intention to monitor data amidst a backdrop of mixed economic indicators: Inflationary pressure continues with the March Consumer Price Index (CPI) coming…
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