Reserve Bank of Australia

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Mortgage squeeze returns as RBA lifts interest rate to 4.10%, warns fuel shock could keep inflation higher for longer

While financial conditions have tightened somewhat this year, the board said it was still unclear just how restrictive monetary policy is.

Interest rates are on hold at 3.85%, as the Reserve Bank opts for caution over mortgage relief

By holding steady, the bank is signalling it is not yet fully convinced inflation is returning to target and is prepared to wait for further evidence before cutting again.

Inflation eases into Reserve Bank’s target as Chalmers touts Labor’s economic management

Inflation has fallen within the Reserve Bank’s target range for the first time since 2021.

The Reserve Bank will now have a separate board just to set interest rates. Here’s why that’s significant

The reforms will create two separate boards for the Reserve Bank of Australia (RBA) – one will be focused on monetary policy, the other on governance.

RBA keeps interest rate on hold amid persistent inflation and cost of living concerns

RBA officials reaffirmed adjusting policies as needed to ensure inflation targets are met, reflecting ongoing vigilance against potential risks.

Reserve Bank of Australia Maintains Interest Rate in Strategic Decision Amidst Economic Adjustments

By holding interest rates steady, the RBA aims to achieve a delicate equilibrium, ensuring that inflationary pressures are contained without stifling economic momentum.

RBA decides to hold interest rates, bringing relief amidst ongoing economic challenges

The possibility of further tightening of monetary policy will depend on evolving data and risk assessments.

Reserve Bank of Australia almost certain to raise interest rates after IMF sounds alarm on inflation

Living costs working-age borrowers are increasing at a higher rate than any other, fuelled by a 9.3% growth in mortgage interest charges

Petrol is holding up inflation – Let’s understand what’s happening to prices and what it will mean for interest rates

Reserve Bank indicated it would be examining inflation numbers closely when it next meets on Melbourne Cup Day November 7

Are we in per capita recession despite GDP ‘steady in the face of pressure’

In the three months to June Australia’s household saving ratio plummeted to 3.2%, its lowest rate in 15 years.

Must-read

53-foot tractor-trailer driver Baljeet Singh pleads guilty in deadly pileup, was playing phone game and fled to India

The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.

Indian Premier League could be played in Australia, Adelaide Oval explores plan

The proposal is part of a broader idea to strengthen cricket ties between Australia and India.

Perth toddler Sandipan Dhar’s death ‘probably preventable’ after missed blood test, coroner says

21-month-old Sandipan died in March 2024 after being taken to hospital with a persistent fever that had lasted for weeks.
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