Number2025-13 Date20 May 2025 At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.85 per cent. Inflation continues to moderate. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring ... Read more
Statement by the Monetary Policy Board: Monetary Policy Decision
Number2025-10 Date1 April 2025 At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances at 4 per cent. Underlying inflation is moderating. Inflation has fallen substantially since the peak ... Read more
Statement by the Reserve Bank Board: Monetary Policy Decision— 18 February 2025
Media Release Number2025-03 Date18 February 2025 At its meeting today, the Board decided to lower the cash rate target to 4.10 per cent and the interest rate paid on Exchange Settlement balances to 4 per cent. Underlying inflation is moderating. Inflation has fallen substantially since ... Read more
Media Release Statement by the Reserve Bank Board: Monetary Policy Decision
Number2024-24 Date5 November 2024 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 Settlement balances unchanged at 4.25 per cent. Underlying inflation remains too high. Inflation has fallen ... Read more
Statement by the Reserve Bank Board: Monetary Policy Decision–24th September 2024
Number2024-18 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 Settlement balances unchanged at 4.25 per cent. Inflation remains above target and is proving persistent. Inflation has fallen substantially ... Read more
Market Volatility and Staying the Course —by Aziz Meherali CFP
We had talked about the market volatility in our June quarter newsletter, and it certainly has not let up since! What caused this recent bout of extreme volatility where markets have moved up and down by 1% to 2.5% in day? Generally, summer holidays in the US and Europe mean lower trading ... Read more
Media Release Statement by the Reserve Bank Board: Monetary Policy Decision —6th August 2024
Number 2024-15 Date6 August 2024 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 Settlement balances unchanged at 4.25 per cent. Inflation remains above target and is proving persistent. Inflation has ... Read more
Statement by the Reserve Bank Board: Monetary Policy Decision
Number2024-12 Date18 June 2024 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 Settlement balances unchanged at 4.25 per cent. Inflation remains above target and is proving persistent. Inflation has ... Read more
Media Release Statement by Reserve Bank Governor: Monetary Policy Decision-7th May 2024
Number2024-08 Date7 May 2024 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 Settlement balances unchanged at 4.25 per cent. Inflation remains high and is falling more gradually than expected. Recent ... Read more
Statement by the Reserve Bank Board: Monetary Policy Decision
Media Release Number2024-05 Date19 March 2024 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 Settlement balances unchanged at 4.25 per cent. Inflation continues to moderate but remains ... Read more
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