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...
Monetary policy settings in advanced economies are restrictive, but broader measures of financial market conditions have eased over recent months. In Australia, growth in demand has slowed noticeably. A large share of the increase in the cash rate since May 2022 has been passed on to borrowers. ...
RBA lifts cash rate to 4pcJames Carlisle
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]
There seems no doubt that the Reserve Bank of Australia will raise its cash rate again at Tuesday's monthly board meeting as it battles ballooning inflation - it's just a question of by how much. Last month the RBA raised the cash rate from a record low
The article highlights the views of Ken Raiss, director at Chan & Naylor, on linking cash and mortgage rates in Australia. Raiss argues that consumer confidence, the housing market, and the retail and construction sectors increase the benefits of cash and mortgage rate links. He also explains ...
Analysts expect the RBA to hold its official cash rate steady at 4.35%, with no expectations for a dovish pivot. While inflation for the fourth quarter of 2023 cooled to a two-year low of 4.1%, it still remained well above the RBA's 2-3% target range, bolstering bets for a hold. ...
Wrapping up its July policy meeting, the Reserve Bank of Australia lifted its cash rate by 50 basis points to 1.35%, marking 125 basis points of hikes since May and the fastest series of moves since 1994. "The Board expects to take further steps in the process of normalising monetary cond...
( RBA) kept its powder dry for a second month, holding its cash rate steady at 3.00% on June 2nd, but threatened to cut rates further from a 49-year low, if currency traders try to bid the Aussie dollar much higher. Still, trader expect the RBA’s overnight cash rate target will ...
Economists see the Reserve Bank holding the cash rate at 4.35% on Tuesday — and leaving it there until at least February — with the board’s statement expected to remain cautiously hawkish. It’s likely to highlight the need for restrictive policy given an accompanying update of economi...