At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation continues to moderate but remains high. Recent information suggests that inflation continues to moderate, in line with the RBA’s latest forecasts. The headline monthly CPI indicator…
MLC Economic Update with Bob Cunneen – March 2024
Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. Read More
Statement by Michele Bullock, Governor: Monetary Policy Decision – February 2024
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation continued to ease in the December quarter. Despite this progress, inflation remains high at 4.1 per cent. Goods price inflation was lower than the RBA’s November forecasts. It…
Economic Update with Bob Cunneen – December 2023
Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. |Read More|
Statement by Michele Bullock, Governor: Monetary Policy Decision – December 2023
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Last month, the Board increased interest rates by 25 basis points, following a period of four months where it had held interest rates steady. This decision reflected the…
Statement by Michele Bullock, Governor: Monetary Policy Decision – November 2023
At its meeting today, the Board decided to raise the cash rate target by 25 basis points to 4.35 per cent. It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.25 per cent. Inflation in Australia has passed its peak but is still too high and is proving more persistent than expected a few…
Economic Update with Bob Cunneen – October 2023
Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. |Read More|
Statement by Michele Bullock, Governor: Monetary Policy Decision – October 2023
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent. Interest rates have been increased by 4 percentage points since May last year. The higher interest rates are working to establish a more sustainable balance between supply and…
Economic Update with Bob Cunneen – September 2023
Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. |Read More|
Statement by Philip Lowe, Governor: Monetary Policy Decision – September 2023
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 4.00 per cent. Interest rates have been increased by 4 percentage points since May last year. The higher interest rates are working to establish a more sustainable…