RBA Alert
Record ninth consecutive increase to official cash rate: RBA lifting it 25 basis points to 3.35 per cent
Australian borrowers have been hit with a ninth cash rate rise in a row, with the Reserve Bank lifting it 25 basis points to 3.35 per cent. The RBA board said it expected further increases in interest rates would be needed in the months ahead to return inflation to its...[Read More]
The RBA board left the cash rate at a record low 0.1 per cent: Warning to watch inflation and wages data
The Reserve Bank of Australia has indicated it will be assessing inflation and wage figures in coming months before raising interest rates. The RBA board left the cash rate at a record low 0.1 per cent at Tuesday’s monthly board meeting. RBA governor Philip Lowe...[Read More]