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Cash Rate Decision August 2024: RBA Leaves Cash Rate Unchanged At 4.35%
The Reserve Bank of Australia has decided to leave the cash rate target unchanged at 4.35% during its August 2024 meeting. Why Did The RBA Hold The Cash Rate In August 2024? The decision was influenced by several key factors: Persistent Inflation: Inflation has come...
Read moreCash Rate Decision June 2024: RBA Leaves Rate Unchanged At 4.35%
Why Did The RBA Hold The Cash Rate In June 2024? This decision is rooted in the ongoing challenge of controlling inflation. While inflation has decreased from its most recent peak in 2022, the Reserve Bank of Australia (RBA) noted that “the pace of decline has slowed in the...
Read moreCash Rate Decision May 2024: RBA Leaves Rate Unchanged At 4.35%
The Reserve Bank of Australia (RBA) has decided to keep the cash rate steady at 4.35% for May 2024. Why Did The RBA Hold The Cash Rate In May 2024? In its statement, the Reserve Bank’s board noted, “Inflation remains high and is falling more gradually than expected,”...
Read moreCash Rate Decision March 2024: RBA Leaves Cash Rate Unchanged At 4.35%
The Reserve Bank of Australia (RBA) has left the cash rate unchanged at 4.35% for March 2024. Why Did The RBA Hold The Cash Rate In March 2024? In its statement, the Reserve Bank’s board noted, “While recent data indicates that inflation is easing, it remains...
Read moreCash Rate Decision February 2024: RBA Leaves Cash Rate Unchanged At 4.35%
The Reserve Bank of Australia (RBA) has left the cash rate unchanged at 4.35% for February 2024. Why Did The RBA Hold The Cash Rate In February 2024? In its statement, the Reserve Bank’s board noted, “Inflation continued to ease in the December quarter. Despite this...
Read moreCash Rate Decision December 2023: RBA Leaves Cash Rate Unchanged At 4.35%
The Reserve Bank of Australia (RBA) has left the cash rate unchanged at 4.35% for December 2023. Why Did The RBA Pause The Cash Rate In December 2023? In her statement on the RBA’s decision, Governor Michele Bullock said, “The impact of the more recent rate rises,...
Read moreCash Rate Decision November 2023: RBA Increases Cash Rate To 4.35%
The Reserve Bank of Australia (RBA) increased the cash rate to 4.35% for November 2023. Why Did The RBA Increase The Cash Rate In November 2023? In her statement on the RBA’s decision, Governor Michele Bullock said, “Inflation in Australia has passed its peak but...
Read moreCash Rate Decision October 2023: RBA Leaves Cash Rate Unchanged At 4.1%
The Reserve Bank of Australia has left the cash rate unchanged at 4.1%. This is the fourth consecutive month the RBA has held the cash rate. Why Did The RBA Leave The Cash Rate Unchanged? In her statement on the RBA’s decision, Governor Michele Bullock said, “Interest...
Read moreCash Rate Decision September 2023: RBA Leaves Cash Rate Unchanged At 4.1%
The Reserve Bank of Australia has left the cash rate unchanged at 4.1%. This is the third consecutive month the RBA has held the cash rate. Why Did The RBA Leave The Cash Rate Unchanged? In his statement on the RBA’s decision, Governor Dr Philip Lowe said, “Interest...
Read moreCash Rate Decision August 2023: RBA Leaves Cash Rate Unchanged At 4.1%
The Reserve Bank of Australia has left the cash rate unchanged at 4.1%. This is the second consecutive month the cash rate was held. Why Did The RBA Leave The Cash Rate Unchanged? In his statement on the RBA’s decision, Governor Dr Philip Lowe said, “Interest rates...
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