The cash rate is the interest rate on unsecured overnight loans between banks. The reserve bank has made 13.
What the experts are saying big four banks: The australian dollar rose as much as 0.4% as traders priced a greater chance of a rate hike at the rba’s aug.
The Annual Rate Of Inflation Has Ticked Up Slightly In April To 3.6 Per Cent, From 3.5 Per Cent In March, But Economists Say It's Enough To Put Even More Pressure On.
The australian dollar rose as much as 0.4% as traders priced a greater chance of a rate hike at the rba’s aug.
From Banks Covered By The Government’s.
Statement by the reserve bank board:
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At Its Meeting Today, The Board Decided To Leave The Cash Rate Target Unchanged At 4.35 Per Cent And The Interest Rate Paid On Exchange.
What the experts are saying big four banks:
Rates Are Current As Of 10 June 2024.
Australia’s central bank will raise interest rates one more time in its current tightening cycle, economists say, and then shift to policy easing next year as inflation.