- Tuesday, 04 April 2017
- News
RBA left interest rates unchanged
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Taking account of the available information, the Board judged that holding the stance of monetary policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time.
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- Tuesday, 07 March 2017
- News
RBA left interest rates unchanged
As expected, the Reserve Bank of Australia kept its benchmark interest rate unchanged at 1.50%. But the Australian dollar rose nonetheless after the decision, up 0.6% for the day against the U.S. dollar, thanks to Governor Philip Lowe’s optimistic outlook on Australia’s economic growth. In other words, the RBA will not need to cut rates any time soon and the Australian dollar will be firm?
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- Tuesday, 21 February 2017
- News
RBA more optimistic, February Minutes show
We’ve heard a lot from the Reserve Bank of Australia (RBA) over the past two weeks, with all of the commentary expressing cautious optimism over where the Australian economy is heading. Unsurprisingly, that theme continued today with the release of the minutes of the bank’s February monetary policy meeting, with the bank expressing the view that it is more than happy with interest rate settings, and the outlook for the economy, right now.
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- Tuesday, 07 February 2017
- News
RBA left interest rates unchanged
The Reserve Bank of Australia has left its cash rate steady at 1.5 per cent for the fifth consecutive board meeting as it prepares to release forecasts showing economic growth picking up and inflation climbing from 1.5 per cent to more than 2 per cent.
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