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…

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…

Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. |Read More|

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…

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…

  Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. |Read More|

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…

  Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. |Read More|

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…

Welcome to the August edition of the Economic Update by Senior Economist, Bob Cunneen Find out which key events have been driving markets: Central banks continue to rapidly raise interest rates to contain inflation. Australia’s central bank raised the interest rate by 0.5% in both July and August. The US central bank raised interest rates…