cash rate. This is the Australian base rate. Banks pay this interest rate when they take out a loan with a maturity of 1 day from another bank. By buying or selling bonds and other securities issued by the government the RBA can influence the money supply and thus the cash rate target...
aThe Reserve Bank of Australia (RBA) has left the official cash rate on hold, as widely expected, but has pulled back from its easing bias. 澳洲RBA的储备银行 () 在举行留下正式现金率,如广泛期望,但从它缓和的偏心拉扯了。[translate]
RBA governor Philip Lowe announced the move in a statement shortly following the bank's monthly policy meeting on Tuesday. "Today's decision to lower the cash rate will help make further inroads into the spare capacity in the economy," Lowe said. "It will assist with faster progress in redu...
澳洲央行今天开会 | 今天澳洲央行宣布不加息,继续将基准利率维持在4.1%。这也是新行长Michele Bullock上任以来的首次会议。 Today the newly appointed RBA Governor Michele Bullock, along with the RBA board, said the nation's official cash rate target would be kept on hold at 4.10%. ...
Bank lending responses to the official cash rate: Asymmetric and coordinated behavior in residential mortgage rate setting This paper examines the short- and long-run relationships between the official cash rate used by the Reserve Bank of Australia (RBA) in the conduct of mone... Victoria Univers...