Interest rates on hold as RBA eyes 'soft landing':
Pausing rates for a second month running, the central bank said it was closely watching a slowing rate of ...
9news.com.au/finance/australia-interest-rates-august-decision-reserve-bank-of-australia/2694c0d7-7303-4c3a-8e30-f5d43341afc3
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Key FactsRBA Keeps Interest Rates Steady, Monitors 'Soft Landing'
Aug 1, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: 9news.com.au
Summary created with AI assistance · Source: 9news.com.au
- The Reserve Bank of Australia (RBA) maintains interest rates at 4.10 percent as borrowers navigate a potential 'mortgage cliff'.
- Pausing for a second consecutive month, the central bank observes a slowing inflation rate and easing consumer spending.
- Governor Philip Lowe, set to leave his role in September, acknowledges the 'painful squeeze' caused by interest rates on some households.
- Lowe notes that while inflation in Australia is 'declining', it remains 'too high' at 6 percent, signaling possible future rate hikes.
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#BREAKING : The Reserve Bank of Australia has left the cash rate on hold at 4.1 per cent for the second month in a row.
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Interest rates on hold as RBA eyes 'soft landing': Pausing rates for a second month running, the central bank said it was closely watching a slowing rate of ...
9news.com.au/finance/australia-interest-rates-august-decision-reserve-bank-of-australia/2694c0d7-7303-4c3a-8e30-f5d43341afc3
Respite for mortgage holders as RBA holds rates steady for second month: Households can breathe a sigh of relief after the Reserve Bank board decided to hold ...
smh.com.au/politics/federal/respite-for-mortgage-holders-as-rba-holds-rates-steady-for-second-month-20230801-p5dstj.html
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Will mortgage rates go down? How rising interest will affect loans as rates expected to rise to 5.25%
inews.co.uk/inews-lifestyle/money/property-and-mortgages/mortgage-rates-go-down-rising-interest-2518356
RBA makes another massive U-turn: The RBA has paused interest rates at its monthly meeting for the second time in a row in a move that will be a massive relief ...
news.com.au/finance/economy/interest-rates/rba-making-interest-rate-decision-economists-and-money-markets-predicting-a-pause/news-story/d54282ad5d4edb869a855e698c163125
Has the interest rate summit been reached?: Reserve Bank governor Philip Lowe may have finally planted his flag at the top of Mount Interest Rate.
smh.com.au/politics/federal/has-the-interest-rate-summit-been-reached-20230801-p5dstz.html
Has the interest rate summit been reached?: Reserve Bank governor Philip Lowe may have finally planted his flag at the top of Mount Interest Rate.
theage.com.au/politics/federal/has-the-interest-rate-summit-been-reached-20230801-p5dstz.html
Respite for mortgage holders as RBA holds rates steady for second month: Households can breathe a sigh of relief after the Reserve Bank board decided to hold ...
theage.com.au/politics/federal/respite-for-mortgage-holders-as-rba-holds-rates-steady-for-second-month-20230801-p5dstj.html
Recession warning as RBA weighs up tomorrow's rates decision: Economists are split on whether the bank will lift the cash rate again tomorrow.
9news.com.au/national/rate-rise-recession-fears-economists-warn-rba-on-increases/1bc410ee-994f-4242-b112-3129ddb52295
Recession risk as RBA weighs inflation-busting interest rate rise: The Reserve Bank, ahead of its meeting on Tuesday, is being warned another interest rate rise ...
smh.com.au/politics/federal/recession-risk-as-rba-weighs-inflation-busting-interest-rate-rise-20230728-p5drxn.html
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Key FactsRBA Continues Interest Rate Pause Until February
Dec 5, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: abc.net.au
Summary created with AI assistance · Source: abc.net.au
- RBA maintains cash rate at 4.35 percent
- Next meeting of the bank's board is scheduled for February
- Economists caution about potential further rate rise with higher-than-expected inflation
- Future RBA interest rate decisions remain dependent on economic data and risk assessments
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$52 billion bomb coming after rates call: ANALYSIS
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Key FactsRBA keeps interest rates steady in Governor Lowe's final act
Sep 5, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: smh.com.au
Summary created with AI assistance · Source: smh.com.au
- Reserve Bank aggressively raised interest rates since May last year.
- Monthly repayments on an average $600,000 mortgage have increased by over $1350.
- Recent economic figures show the effectiveness of the rate rises.
- Inflation may return to the Reserve Bank's target range of 2-3%.
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Key FactsRBA Keeps Rates Steady at 4.1% Providing Relief for Mortgage Holders
Jul 4, 2023 · Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
- The Reserve Bank has given mortgage holders a reprieve from interest rate rises, holding the official cash rate steady at 4.1%.
- Governor Philip Lowe said the previous interest rate rises and economic uncertainty were reasons to hold off lifting interest rates this month.
- Further rate hikes may be needed in the future to ensure inflation returns to the bank's target.
- Economists were divided on whether the RBA would raise rates or pause, given mixed signals from recent economic data and concerns about the impact on mortgage holders.
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Key FactsThe RBA's "narrow path" on inflation and interest rates: six lessons from Philip Lowe
Apr 10, 2023 · Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
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