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 governor says bank was too late to hike interest rates
Michele Bullock says the bank’s heavy-footed response to inflation weighed on the board’s mind as it made the first cut to interest rates in years.
ASX 200 index forecast after the RBA rate cut: is it a buy?
This ASX 200 index forecast explains what to expect now that the Reserve Bank of Australia (RBA) has started to cut rates
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 Joins Wave of Global Central Bank Easing With First Rate Cut Since 2020
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.
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.
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.
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 ...
Aussies delivered brutal reality check as RBA drops interest rate for first time in four years: 'New norm'
Follow along as Yahoo Finance brings you all you need on this important day for the RBA and millions of Aussie homeowners.
When is the next RBA meeting on interest rates?
The Reserve Bank of Australia has switched things up, meaning eager homeowners will have to wait a little longer to find out ...
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Why the RBA will slash interest rates
Gareth Aird and Stephen Wu, economists at CBA, published a report (presented below) explaining how the Reserve Bank of ...
NAB cuts interest rate on savings accounts after RBA decision: ‘Disappointing’
NAB has dropped its savings rates on two accounts following the RBA interest rate cut. (Source: Getty) NAB has cut its ...
Cash returns fall to zero as RBA slashes interest rates
Aussie savers already going backwards will fall further behind following the Reserve Bank’s move to cut rates.
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Rate cuts, 'hurt' households, and crypto: Key takeaways from the RBA's grilling
Caution has been urged over future cash rate changes as uncertainty looms large over global policy, the impacts of rate ...
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, ...