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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The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today’s meeting. August 2024 data shows unemployment rates steady at 4.2% but this is up from a low of 3.5% in mid-2022. The US Federal Reserve reduced its interest rates by 0.50%…
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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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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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The Reserve Bank of Australia (RBA) has decided to again hold the official cash rate at 4.35%. The decision to maintain the cash rate comes after March 2024 data showed inflation remains persistently high.
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The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.35%. The decision to maintain the cash rate follows the release of data last week which showed the annual inflation rate had fallen to 4.9% for the year to October 2023.
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Following four consecutive monthly pauses, The Reserve Bank of Australia (RBA) has raised the official cash rate by 0.25% to 4.35%. The decision to increase the cash rate follows the recent release of higher than anticipated September 2023 quarter inflation numbers.
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The Reserve Bank of Australia (RBA) has again decided to hold the official cash rate at 4.10%. The decision comes despite annual inflation increasing to 5.2% in August 2023, the first rise in four months.
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For the third consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to maintain the cash rate at 4.10% comes after the monthly Consumer Price Index (CPI) fell to 4.9% in July, down from a peak of 8.4% in…
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For the second consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows the annual household inflation rate falling from 7% in the March quarter to 6% during the June quarter.
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