RBA to deliver first rate cut in a short series on February 18
2 days ago · Over 90% of economists, 40 of 43, in the February 6-13 poll expected the RBA to cut its official cash rate , opens new tab by 25 basis points to 4.10% at the end of its two-day policy meeting on ...
Interest rates: Why an RBA rate cut may trigger an early election
2 days ago · Opinion; Policy; Economy; Interest rates; Why an RBA rate cut (which is 50/50) may trigger an early election. Bond traders reckon there’s a 90 per cent chance of an interest rate cut on Tuesday.
RBA to deliver first rate cut in a short series on February 18: …
2 days ago · In a January poll, just over 40% had forecast the RBA to cut on Tuesday. Interest rate futures are pricing in a near-80% probability of that happening. "The prudent action for the RBA now would be to cut, but cut slowly and just see how data evolves through time. The worst thing they could possibly do is cut hard and then have to reverse.
When does the RBA meet, what's expected to happen to interest rates …
Feb 5, 2025 · For example, Canstar says two rate cuts would see monthly repayments fall by $229 on a $750,000 loan. And if there are four rate cuts this year, a borrower with a $1 million loan could save $599 a ...
Rate cuts: How banks are moving as the RBA prepares to meet
Feb 4, 2025 · One of Australia's 'big four' banks, NAB, has announced a cut in its fixed-rate mortgages across all loan terms — a couple of weeks before the Reserve Bank of Australia's (RBA) first meeting of 2025.
Statement by the Reserve Bank Board: Monetary Policy Decision ...
Nov 5, 2024 · At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Underlying inflation remains too high.
Will there be a February rate cut? Macro-economics says …
Jan 26, 2025 · Financial traders are still seeing about a 70 per cent chance that the Reserve Bank will cut interest rates in February, despite a 56,000-strong surge in jobs. It's the world's most-awkward acronym, and stands for "non-accelerating inflation rate of unemployment".
Why the RBA will be forced to cut rates before year's end
Sep 9, 2024 · For almost a year now, RBA governor Michele Bullock has copped the full blast from the armchair critics, urging ever-higher interest rates. To her credit, she's kept her nerve, even though our inflation rate has fallen at a slower pace than our contemporaries. Here's why.
RBA interest rates: Inflation to hit 3-year low, but don’t expect an ...
Sep 24, 2024 · Reserve Bank governor Michele Bullock says she will ignore data due on Wednesday that is expected to show inflation falling back into the central bank’s target band for the first time in three...
RBA to keep rates steady on Sept. 24, cut in Q1 2025 - Reuters poll
Sep 20, 2024 · Australia's central bank will keep its key policy interest rate unchanged on Tuesday and for the rest of the year amid elevated price pressures, according to economists polled by Reuters, with...