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RBA Remains Hawkish on Inflation. The Reserve Bank of Australia (RBA) has held the cash rate at 4.35% but indicated that interest rate cuts might not happen as soon as many expect. Key points from their latest statement: - Inflation: Currently at 3.8%, still above the target range of 2-3%. - Forecast: Inflation is not expected to return to target until 2026. - Risks: RBA has left open the possibility that inflation could rise again, meaning interest rates might remain high for longer. - Policy Stance: The board remains committed to keeping monetary policy “restrictive” until inflation is clearly under control. With inflation stubbornly high, rate cuts may still be a way off.

The Reserve Bank of Australia (RBA) has decided to keep the cash rate unchanged again at 4.35%, emphasising that inflation remains above target but is gradually easing. While inflation is expected to return to the 2–3% target range by 2025, uncertainties around the global economy, labor market, and domestic demand persist. The RBA remains committed to its goal of reducing inflation to its target and will adjust policy as necessary based on evolving data. To read the full article visit: https://lnkd.in/g36MFBvn

RATES ON HOLD 😍 The Reserve Bank of Australia (RBA) left the cash rate unchanged at 4.35% following its June monetary policy meeting. This marks the fifth consecutive meeting at which the cash rate has been held since the last increase in November 2023. The decision comes as the latest data from the Australian Bureau of Statistics showed that monthly annualised inflation rose in April 2024 by 3.6%, up from 3.5% in March.

The Reserve Bank of Australia (RBA) has decided to again hold the official cash rate at 4.35%.   Despite inflation falling significantly since its peak in 2022, the decision to maintain the cash rate comes as the economic outlook remains uncertain with current forecasts indicating a return to the target 2-3% range in late 2025. 

RBA Remains Hawkish on Inflation The Reserve Bank of Australia (RBA) has held the cash rate at 4.35% but indicated that interest rate cuts might not happen as soon as many expect. Key points from their latest statement: - Inflation: Currently at 3.8%, still above the target range of 2-3%. - Forecast: Inflation is not expected to return to target until 2026. - Risks: RBA has left open the possibility that inflation could rise again, meaning interest rates might remain high for longer. - Policy Stance: The board remains committed to keeping monetary policy "restrictive" until inflation is clearly under control. With inflation stubbornly high, rate cuts may still be a way off. #property #realestate #homeloans

The Reserve Bank of Australia (RBA) decided to keep interest rates unchanged in its August meeting, maintaining the cash rate at 4.1%. This decision reflects a cautious approach as the RBA monitors economic conditions and inflationary pressures. Economists are divided on the outlook, with some expecting future rate cuts as inflation eases. Read the full article here https://shorturl.at/3MbnK

RBA Holds Rates Steady but Signals Possible Future Hikes 🚨 The Reserve Bank of Australia (RBA) has kept interest rates unchanged at 4.35%, but warns that future hikes may be necessary to combat inflation. With core inflation at 3.9% last quarter, Governor Michele Bullock is committed to bringing it down to the 2%-3% target by 2025. While the current rate aims to manage inflation without hurting employment, markets are anticipating potential rate cuts later this year. #HamaraFinance #MortgageTips #HomeLoans #InterestRates #BorrowingPower #RBADecision #InterestRates #InflationControl #AustraliaEconomy #RBA #MicheleBullock #FinancialNews #RateHikes #EconomicStability #AussieFinance

Inflation holds the key to interest rates outlook The Reserve Bank of Australia (RBA) has decided to leave the cash rate at 4.35%. Here are five key takeaways from the RBA’s statement announcing the decision: 1. The RBA is concerned that #inflation (currently 3.8%) remains above its target range of 2-3%. 2. Returning inflation to target “within a reasonable timeframe” is the RBA’s “highest priority”. 3. The RBA “will do what is necessary to achieve that outcome” – which might mean leaving interest rates higher for longer, or even increasing the cash rate. 4. Inflation is forecast to return to the 2-3% target range in late 2025. 5. However, the #economic outlook is “uncertain” and it’s possible inflation might go up rather than down from this point.

Most economists expect the Reserve Bank of Australia (RBA) to hold interest rates steady following today’s monetary policy meeting. This follows data from the Australian Bureau of Statistics showing annual inflation rose to 3.8% in the June quarter, aligning with market expectations. However, there could be good news ahead, as one in four economists surveyed by Finder anticipate the RBA to make the first cash rate cut by their December meeting.

🔥 RBA likely to maintain rates next week as underlying inflation eases to 3.9%. The Reserve Bank of Australia is expected to keep the cash rate unchanged following June's modest increase in underlying inflation, with trimmed mean inflation dipping to 3.9% from 4% in March. #RBA #Inflation #Economy #investing #australia source: ABS, AFR.