RBA, interest rates

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,
The RBA didn't want to start cutting rates too late, governor Bullock says
The RBA was too slow to lift rates, and it didn't want to make the same mistake when cutting them, the central bank's governor has told a parliamentary committee.
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.
Australia's central bank cautious on rate cuts, all depends on data
Australia's central bank is cautious about cutting rates further given cost pressures in a hot labour market, but it will respond if inflation slows more quickly than expected, senior officials said on Friday.
Australia Central Bank Says it Won’t Commit to Any Set Course on Rates
The Reserve Bank of Australia isn’t committed to any course of action on interest rates with Gov. Michele Bullock cautioning that easing policy too quickly may stoke a fresh wave of inflationary pressures.
Australia 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 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.
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.
Australia central bank cuts interest rate for 1st time in over 4 yrs
Australia's central bank Tuesday cut the benchmark interest rate by 0.25 percentage point to 4.1 percent, in its first reduction since November 2020 as inflation eases. The Reserve Bank of Australia made the decision after data released by the Australian Bureau of Statistics last month showed core inflation dropped to 3.
RBA rates call will fuel inflation and prolong cost-of-living crisis
The board has broken the sacred rule of modern central banking: do not pump prime the economy before an election, ...
RBA’s Bullock: Board remains cautious about prospects for further policy easing
Reserve Bank of Australia Governor Michele Bullock said late Thursday that the central projection suggests that if monetary ...
RBA’s Bullock Alert to Signs Job Market Shows Stronger Economy
Australia’s central bank is closely monitoring the state of the labor market as persistent tightness may signal a stronger ...
Bullock concedes RBA too slow to raise rates against inflation
The Reserve Bank governor said one of the reasons the board cut the cash rate this week was because it did not want to be too ...