Tag: Glenn Stevens

The Reserve Bank of Australia (RBA) has left interest rates unchanged at its monthly meeting today, with Governor Glenn Stevens saying it doesn’t appear the world economy is headed for another deep downturn.

The Reserve Bank of Australia (RBA) left interest rates on hold at 4.25 percent today, ending widespread speculation amongst analysts it would cut rates for the third month in a row.

The Reserve Bank (RBA) has cut the national interest rate to 4.25 percent, the second consecutive cut it has made in its monthly meetings—the first back-to-back monthly cuts since April 2009.

The Reserve Bank of Australia (RBA) cut interest rates by 25 basis points yesterday, taking the cash rate down to 4.5 percent in time for the all important Christmas season.

The Reserve Bank of Australia (RBA) has again held interest rates at 4.75 percent today, citing continued global economic uncertainty as behind its decision.

The Reserve Bank of Australia (RBA) has announced it will leave the cash rate unchanged at 4.75 percent for the tenth consecutive month.

The Reserve Bank of Australia Board in its meeting today decided to hold official interest rates unchanged at 4.75 percent due to the dampening effect on inflation and economic activity as a result of the floods in Queensland.

The Commonwealth Bank of Australia has increased interest rates its range of home loan products by 0.45 percent, almost double the official interest rate rise from the Reserve Bank of Australia yesterday.

With the Australian Bureau of Statistics’ Producer Price Index figures coming in lower than expected, the chance of the Reserve Bank of Australia increasing interest rates in August has decreased with inflation likely to fall within the target 2-3 percent range tomorrow.

The Reserve Bank of Australia (RBA) did as expected by analysts at its monthly board meeting today deciding to leave the official cash rate unchanged at 4.5 percent.