Number 2022-28 At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 2.35 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 2.25 per cent. The Board is committed to returning inflation to ... Read more
Statement by Philip Lowe, Governor: Monetary Policy Decision —2 August 2022
Number 2022-21 Date 2 August 2022 At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.85 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 1.75 per cent. The Board places a high priority on ... Read more
Statement by Philip Lowe, Governor: Monetary Policy Decision-5 July 2022
Number 2022-20 Date 5 July 2022 At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.35 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 1.25 per cent. Global inflation is high. It is being ... Read more
ABC Interview Excerpt with Reserve Bank Governor Dr Philip Lowe
Philip Lowe expects inflation to go as high as 7 per cent, while describing an interest rate of 2.5 per cent as “reasonable”. Governor of the Reserve Bank of Australia (RBA) Philip Lowe has cautioned that interest rates will continue to rise in order to help stem rising inflation, ... Read more
Statement by Philip Lowe, Governor: Monetary Policy Decision
Number 2022-14 Date 7 June 2022 At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 85 basis points. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 75 basis points. Inflation in Australia has increased ... Read more
Statement by Philip Lowe, Governor: Monetary Policy Decision —May 3 2022
Media Release Number2022-12 At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 35 basis points. It also increased the interest rate on Exchange Settlement balances from zero per cent to 25 basis points. The Board judged that now was the right time ... Read more
Volatility is King! —by Aziz Meherali
As we have been sharing our view that volatility will remain stubbornly high in 2022, the S&P 500 has gained or lost 2% or more in a day some 32 times so far in 2022, compared to 24 such days in all of 2021! The uncertainty of Fed action to curb inflation and raise rates is causing much ... Read more
Statement by Philip Lowe, Governor: Monetary Policy Decision -5th April 2022
Number 2022-11 Date 5 April 2022 At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent. Inflation has increased sharply in many parts of the world. Ongoing supply-side problems, ... Read more
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision —1 March 2022
Number2022-05 Date1 March 2022 At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent. The global economy is continuing to recover from the pandemic. However, the war in Ukraine is a ... Read more
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision—Feb 1, 2022
Number 2022-02 Date 1 February 2022 At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent. It also decided to cease further purchases under the bond purchase program, with the final ... Read more
- << Previous Page
- 1
- 2
- 3
- 4
- 5
- …
- 28
- Next Page >>