Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. |Read More|
Statement by Philip Lowe, Governor: Monetary Policy Decision – March 2023
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.50 per cent. Global inflation remains very high. In headline terms it is moderating, although services price inflation remains elevated in many economies. It will…
Statement by Philip Lowe, Governor: Monetary Policy Decision – February 2023
At its meeting today, the Board decided to: increase the cash rate target by 25 basis points to 3.35 per cent increase the interest rate on Exchange Settlement balances by 25 basis points to 3.25 per cent. Global inflation remains very high. It is, however, moderating in response to lower energy prices, the resolution of supply-chain problems and the…
January 2023 Economic Update – Bob Cunneen
Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. |Read More|
Statement by Philip Lowe, Governor: Monetary Policy Decision – December 2022
At its meeting today, the Board decided to: increase the cash rate target by 25 basis points to 3.10 per cent increase the interest rate on Exchange Settlement balances by 25 basis points to 3.00 per cent. Inflation in Australia is too high, at 6.9 per cent over the year to October. Global factors explain much of this high inflation, but…
Statement by Philip Lowe, Governor: Monetary Policy Decision – November 2022
At its meeting today, the Board decided to: increase the cash rate target by 25 basis points to 2.85 per cent increase the interest rate on Exchange Settlement balances by 25 basis points to 2.75 per cent. As is the case in most countries, inflation in Australia is too high. Over the year to September, the CPI inflation rate…
October Economic Update with Bob Cunneen
Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. |Read More|
Statement by Philip Lowe, Governor: Monetary Policy Decision – October 2022
At its meeting today, the Board decided to: increase the cash rate target by 25 basis points to 2.60 per cent increase the interest rate on Exchange Settlement balances by 25 basis points to 2.50 per cent. The Board is committed to returning inflation to the 2–3 per cent range over time. Today’s increase in interest rates will help achieve this goal and further…
September Economic Update with Bob Cunneen
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 2022
At its meeting today, the Board decided to: increase the cash rate target by 50 basis points to 2.35 per cent increase the interest rate on Exchange Settlement balances by 50 basis points to 2.25 per cent. The Board is committed to returning inflation to the 2–3 per cent range over time. It is seeking to do this while keeping the economy on an…