RBA Joins Wave of Global Central Bank Easing

RBA Joins Wave of Global Central Bank Easing With First Rate Cut Since 2020
SYDNEY–The Reserve Bank of Australia cut interest rates for the first time since 2020 on Tuesday, joining its international counterparts in the global easing cycle and opening the door for the immediate calling of a federal election,
Australia's central bank cuts rates for the first time in more than four years, flags economic uncertainties
The central bank had held its policy rate steady at 4.35% since November 2023, following an extended period of 13 rate hikes to tame inflation at home.
RBA Doesn’t Share Market’s Confidence on Rate-Cut Path: Q&A
Australia’s central bank still has “work to do” to bring inflation back to its 2-3% target and doesn’t yet share the market’s confidence about the trajectory of interest-rate cuts, Deputy Governor Andrew Hauser told Bloomberg in an interview Thursday.
RBA Has Little Love for Rate Cut It Just Announced
So tentative was the Australian central bank’s first reduction in official interest rates that it begs the question: How much support did the cut actually get around the central bank’s board table?
RBA Cuts Interest Rates: A Post-Pandemic Adjustment
Australia's central bank, the RBA, cut interest rates for the first time since 2020, signaling progress on inflation but remaining cautious about future outlooks. The cash rate was reduced by 25 basis points to 4.
NZ central bank cuts rates 50bps, flags steeper easing cycle to revive frail economy
New Zealand's central bank cut its benchmark rate by 50 basis points to 3.75% on Wednesday and flagged further reductions in borrowing costs amid moderating inflation as policymakers sought to revive a struggling economy.
Live Q&A: How the RBA Rate Cut, Housing Crisis Can Shape Australia’s Election
Bloomberg reporters answer your questions on how the Australian central bank’s rate cut and the ongoing housing crisis could reshape the 2025 election.
RBA interest rates: Reserve Bank slashes rate by 0.25pc, delivering first cut since November 2020
The central bank delivered news every mortgage holder wanted to hear, but wants ‘more evidence’ before another major move.
Australia's central bank cuts rates, cautious on further easing
Australia's central bank cut rates for the first time in more than four years on Tuesday but warned it was too early to declare victory over inflation and was cautious about the prospects of further easing.
Australian Reserve Bank Announces First Rate Cut Since 2020
The Reserve Bank of Australia (RBA) announced a rate cut of 25 basis points, bringing the cash rate down to 4.10% on Tuesday. This move marks the first rate reduction since November 2020, signaling the bank’s concern over domestic economic uncertainties.
Reserve Bank of Australia (RBA) cuts interest rates for the first time since 2020
The Reserve Bank Board of Australia (RBA) announced they had cut interest rates by 25 basis points to 4.10%. The easing is the first since November 2020, when the central bank cut rates while grappling with the pandemic’s economic slowdown.
RBA governor Michele Bullock, senior staff to face parliament grilling after first rate cut
Reserve Bank governor Michele Bullock will face a three-hour grilling by politicians following the central bank’s first rate ...
RBA’s Hauser Says Rate Pause Would Have Seen CPI Undershoot
Australia’s central bank assessed that keeping interest rates unchanged this year would have resulted in core inflation going ...
Business news updates: RBA governor Michele Bullock to face questions after rate cut, ASX to rise, Aussie dollar up
The Australian share market looks set to rise in the final session of the week, while Walmart weighs on Wall Street. Reserve ...
‘Major implications’: CBA analysts find ‘major clue’ RBA might be planning more rate cuts
ANALYSISThe Reserve Bank of Australia could still have a whole bag full of rate cuts to dole out in 2025, according to a new analysis that has major implications for the housing market.
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RBA is still in denial. But at least it sees Trump for what he is
Despite finally cutting interest rates, the RBA keeps ignoring what's happening in the economy — although it has spotted the ...
‘Economically reckless’: RBA ‘caved into’ rate cut under political pressure
Sky News host Sharri Markson has called the RBA’s rate cut “economically reckless” and perhaps “politically motivated”.