The RBA has decided to leave the official cash rate unchanged at 1.5% for the 29th consecutive time and I’d like to share some thoughts on why the Reserve Bank of Australia has made this decision.
The RBA has decided to leave the official cash rate unchanged at 1.5% for the 28th consecutive time and I’d like to share some thoughts on why the Reserve Bank of Australia has made this decision.
Following its February meeting, the RBA said the case for the next rate move to be a decrease was now almost equal to the case for an increase and that it would continue to watch the economy closely for signs around its key objectives of decreasing unemployment and increasing inflation. It will also be watching property markets, particularly in Sydney and Melbourne, very closely as prices continue to fall.
As financial markets digest the findings of the Banking Royal Commission, the Reserve Bank of Australia has made its first rate announcement for 2019. The RBA has decided to leave the official cash rate unchanged at 1.5% for the 27th consecutive time and I’d like to share some thoughts on why the Reserve Bank of Australia may have made this decision.
As widely anticipated in the final rate announcement for 2018 the Reserve Bank of Australia has left the official cash rate unchanged at 1.5% for the 27th consecutive time.
As the nation stops to enjoy today’s Melbourne Cup, the only sure bet of the day was that the Reserve Bank of Australia would leave the official cash rate unchanged at 1.5% for the 27th consecutive time.
The Reserve Bank of Australia has decided to leave the official cash rate unchanged at 1.5% for the 26th consecutive time. I’d like to share today’s rate announcement and the thoughts on why the Reserve Bank of Australia has made this decision.
The Reserve Bank of Australia decided to once again leave the official cash rate unchanged at 1.5% with the last rate move back in August 2016. I’d like to share today’s rate announcement and the thoughts on why the Reserve Bank of Australia has made this decision.
The Reserve Bank of Australia decided to once again leave the official cash rate unchanged at 1.5% with it now being two years since the last rate move. I’d like to share today’s rate announcement and the thoughts on why the Reserve Bank of Australia has made this decision.
The Reserve Bank of Australia decided to once again leave the official cash rate unchanged at 1.5% with the last rate move back in August 2016. I’d like to share today’s rate announcement and the thoughts on why the Reserve Bank of Australia has made this decision. The economy appears…
The Reserve Bank of Australia decided to once again leave the official cash rate unchanged at 1.5% with the last rate move back in August 2016. I’d like to share today’s rate announcement and the thoughts on why the Reserve Bank of Australia has made this decision.
With a combination of job growth slowing from last year’s frenetic pace and stagnant wage growth, the Reserve Bank have signalled that we can expect to see rates remain where they are for now. Many however still expect the next rate move to be an increase with signs of improvement in the economy in the shape of strong internal trade results and improving GDP numbers.
Rates remain constant now but it is important that you are prepared if they increase. There may be different rates available from our lenders, so I’m always on hand to ensure you have the right financial solution for your current circumstances, and are receiving the most suitable rate available to you.
If you’d like to have a chat about what today’s news means for you and your finances, please don’t hesitate to get in touch.
