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RBA Updates

Cash rate update for September 2024

By RBA Updates
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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Cash rate update for August 2024

By RBA Updates
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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Cash rate update for June 2024

By RBA Updates
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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Cash rate update for February 2024

By RBA Updates
In its first meeting of the year, 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 follows the release of data last week which showed the annual inflation rate is falling faster than expected. This…
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