Find out the latest twists and turns in the Reserve Bank's decisions on interest rates! Will mortgage holders breathe a sigh of relief or face more delays?
The Reserve Bank of Australia (RBA) has been at the center of attention recently, with ANZ CEO Shayne Elliott sparking debate by suggesting that rate cuts by the end of the year would be 'optimistic.' This statement comes amidst speculations and uncertainties about the RBA's upcoming decisions on interest rates. Economists at ING are closely analyzing the potential impacts of the RBA meeting on the Australian Dollar, highlighting the delicate balance the RBA must maintain.
With pundits and investors split on predictions, the anticipation for the RBA's next move is palpable. While some expect the RBA to maintain the current cash rate, others foresee a potential shift. Shadow Finance Minister Jane Hume vocalizes the anxiety among mortgage holders, who are anxiously awaiting the RBA's decision, underscoring the significant impact on borrowers across the country.
Despite the speculation, households may have to wait longer for any relief. The possibility of delayed rate cuts looms over the upcoming RBA meeting. While the March meeting may not bring immediate alleviation to borrowers, the broader economic implications will undoubtedly shape the financial landscape for the foreseeable future.
In conclusion, the RBA's rate decisions continue to be a hot topic, with both challenges and opportunities on the horizon. As the Reserve Bank navigates through this critical period, the impact on mortgage holders, investors, and the broader economy remains uncertain. Stay tuned for the next chapter in the RBA rollercoaster ride of interest rates in Australia.
ANZ chief executive Shayne Elliott says rate cuts by the end of the year would be 'optimistic', pushing back on suggestions that they could occur quite ...
A truly historic event in the 60-year life of our Reserve Bank took place two weeks ago – and which reverberates into this week's two-day meeting and ...
Economists at ING analyze how the RBA meeting on Tuesday could impact the Australian Dollar (AUD).
A truly historic event in the 60-year life of our Reserve Bank took place two weeks ago – and which reverberates into this week's two-day meeting and ...
Pundits and investors expect the RBA to leave its cash rate unchanged at 4.35% when the board meets on Tuesday.
Shadow Finance Minister Jane Hume says mortgage holders will be “holding their breath” ahead of the Reserve Bank's next interest rate decision for this ...
Households are set to be spared from further pain at the Reserve Bank's March meeting, but borrowers hoping for relief in the form of rate cuts may have to ...
Economists at TD Securities discuss the Reserve Bank of Australia (RBA) Interest Rate Decision and their implications for the AUD/USD pair.
No change in interest rates is widely anticipated as the Reserve Bank board meets and borrowers can expect to wait until at least late 2024 for cuts to ...
No change in interest rates is widely anticipated as the Reserve Bank board meets and borrowers can expect to wait until at least late 2024 for cuts to ...
Economists have forecasted that there would be no interest rate cuts until at least September, despite inflation figures coming in lower than anticipated, ...
The Reserve Bank of Australia (RBA) will announce its next Interest Rate Decision on Tuesday, March 19 at 03:30 GMT and as we get closer to the release time ...
The Australian dollar is showing little movement on Monday. In the North American session, AUD/USD is trading at 0.6655, down 0.07%. RBA expected to pause.
Warren Hogan, Judo Bank chief economist, has warned the next interest rate change could be an increase. Mr Hogan was found to be the most accurate RBA cash rate economic forecaster out of 29 economists ranked by The Australian Financial Review in 2023.
Interest rate in Australia is seen on hold at 4.35% for the third consecutive meeting in March. Reserve Bank of Australia Governor Michele Bullock will hold ...
Victoria's attorney general, Jaclyn Symes, and police minister, Anthony Carbines, are holding a press conference now on their “unexplained wealth” laws, to be ...
The Australian share market is flat in early trade, while the Reserve Bank is almost universally tipped to keep interest rates on hold this afternoon.
The ASX is set to edge slightly higher on Tuesday as markets await the Reserve Bank of Australia's March cash rate call this arvo.
Shares swung between gains and losses; Boral board rejects Seven takeover bid; KMD Brands blames weak consumer sentiment for declining sales; Reserve Bank ...
It's widely anticipated there will be no change to the interest rate when the Reserve Bank board meets today despite a struggling economy.
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 ...
The Reserve Bank has left interest rates on hold amid signs that growth in the economy has dramatically slowed down following 13 interest rate rises since ...
Borrowers hoping for an interest rate cut - or a timeline of when variable rates may come down - were given...
The stomach-churning days of interest rate increases are all-but behind us. So the question now is when will the RBA board decide to loosen the screws?
The Reserve Bank has left interest rates unchanged for the third meeting in a row. It means the official cash rate stays at 4.35 per cent.
Cash rate held steady at 12-year high of 4.35% in move widely expected by economists.
The RBA board held the cash rate at 4.35% · It noted it might be some time before inflation returns to target and that wage growth has likely peaked · Experts ...
The Reserve Bank of Australia (RBA) has left the cash rate unchanged at 4.35 per cent but maintained its hawkish tone, acknowledging that further rate hikes ...
The RBA kept rates at 4.35 per cent on Tuesday. But a key change to the statement explaining its decision convinced financial markets to price in a winter ...
The Reserve Bank has abandoned talk of further rate hikes, as it kept the official cash rate steady at 12-year high of 4.35 per cent.
Australian bond yields and the $A retreated after investors seized on subtle changes to the Reserve Bank's monetary statement, declaring a subtle “doveish” ...
Prior to RBA's March meeting, Finsure CEO Simon Bednar (pictured above) said the central bank will likely keep the cash rate steady at 4.35% due to positive ...
Australia's central bank will decide on interest rates today, push for Gazans to receive more generous visas and states want four-year GST forecasts.
Same old same old from the RBA – a captive of the expectations it creates, locked in the narrow vision of its blunt interest rate cudgel.
The Reserve Bank (RBA) has left the cash rate unchanged at 4.35 per cent but maintained its hawkish tone, acknowledging that further rate hikes are possible.
The outlook on interest rates remains uncertain, the RBA governor has said. As the Reserve Bank of Australia (RBA) made the decision to keep interest rates ...
The central bank's governor warned Australians will get sick of her repeating that she won't rule anything in or out as she tries to tame inflation.
At the start of February, the Reserve Bank was talking tough, telling us "a further increase in interest rates cannot be ruled out". In its post-meeting ...
The Reserve Bank is no longer explicitly warning of more interest rate rises in its latest statement confirming the cash rate will be held steady at 4.35%.
In its March meeting, the Reserve Bank of Australia (RBA) kept its cash rate unchanged at 4.35%, as predicted by nearly all economists.
Many Australian households may have re-visited their budgets last night after the Reserve Bank indicated yesterday it was in no rush to lower interest ...
Shadow Treasurer Angus Taylor has accused Jim Chalmers of seeking to politicise the Reserve Bank by "stacking the board with his mates".
The Coalition has accused Jim Chalmers of trying to stack a part of the Reserve Bank that will set official interest rates, putting at risk key RBA reforms.
A sharper-than-expected fall in inflation may lead it to cut rates sooner than expected, as it shifts to a more neutral stance on the monetary policy ...
A political stoush over the future governance of the Reserve Bank of Australia is erupting after Shadow Treasurer Angus Taylor announced the Opposition ...
Economists predict rate cuts by the end of the year as the bank's latest monetary statement reveals a "shift" in tone.