· Reserve Bank Cash Rate. The table shows monetary policy decisions taken by the Reserve Bank of Australia. Monetary policy decisions are expressed in terms of a target for the cash rate, which is the overnight money market interest rate. In everyday terms, the cash rate determines the interest rate that banks set for home mortgages and other loans.
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Majority of experts (86%) who weighed in on the topic think the next RBA move will be a rate rise. Jordan Eliseo, ABC Bullion (Hold): "The RBA has made it clear they are reticent to cut rates.
So regardless of whether the next cash rate. a major global shock the RBA should start lifting rates again after a fairly long wait as the economy slowly gathers pace." late 2015 shane Oliver,
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Whilst the RBA has clearly communicated the next move is likely to be up. be concerning the RBA with wages yet to rise as expected. Rates will remain on hold and the case for a near-term cut -.
When asked about when the next. so a rate cut is not warranted. A rate cut would also re-ignite the property market." Paul Dales, Capital Economics (Hold): "There is still not enough inflation to.
Today will be one of the most challenging meetings for the Reserve Bank of Australia (RBA) since the global financial crisis as global markets nosedive amid a sharp rise in the risk of a recession.
The Reserve Bank of Australia (RBA) has again decided to leave rates unchanged at 2.50%. Governor of the RBA Glenn Stevens said that although the dollar still remains below the highs seen last.
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So any idea that the RBA would delay the next cut in awaiting a few months of data to gauge the strength of the boost to growth in the second half (which can reasonably be expected from the.
The rate cut. so directly to things happening in "the real world" of finance. On the whole, central bank interest rates affect how much it costs to borrow money, and how much is earned by safe cash.