As expected, the Reserve Bank of Australia kept the cash rate at 0.25% at its meeting today as the country continues to deal with the COVID-19 pandemic.
The cash rate decision for May has been announced by the RBA with the rate unchanged at 0.25%. The Bank has previously signaled it considers the current rate to be the floor, with many analysts predicting it will remain at this level for some time as the economy recovers from…
The cash rate decision for April has been announced by the RBA with the rate unchanged at 0.25%. Just 19 days ago the RBA announced a .25% emergency cut in response to the economic threat posed by the COVID-19 crisis, reducing the rate to its lowest ever level.
The Reserve Bank of Australia (RBA) has delivered its final cash rate announcement for the year with the decision to leave the rate unchanged at 0.75%.
The Reserve Bank of Australia (RBA) has delivered its final cash rate announcement for the year with the decision to leave the rate unchanged at 0.75%.
The Reserve Bank of Australia (RBA) has delivered its final cash rate announcement for the year with the decision to leave the rate unchanged at 0.75%.
The RBA has decided to leave the official cash rate unchanged at 0.75% as it assesses the impact of its June, July and October cuts. In making this decision not to drop rates again, the RBA will have considered strong evidence of an improving housing market, supported by rising house…