RBA cash rate

Opinion

RBA holds rates as expected, but market overreacts

The decision to hold the cash rate steady at 2.0%p.a. yesterday allows another month, at least, to see (1) if the brakes recently put on investor lending ease their housing market concerns and (2) if mixed economic data starts to take a direction one way or another

Wednesday 05 August 2015 by
Week in review

From the Trading Desk

Drama continues in Greece where banks have been closed for a fortnight, markets kept watch on China’s stock market and as expected, the RBA left the cash rate unchanged at 2%

Week in review

RBA leaves the cash rate at 2.25%

Prior to the RBA media release, 60% of analysts were predicting the cash rate would be cut yesterday. However, in common with the previous month when the RBA cut the cash rate, the majority were wrong. The RBA announced that it had instead decided to leave the cash rate unchanged at 2.25%

Opinion

RBA cuts - bonds rally hard

On Tuesday, interest rates were cut for the first time since August 2013. This cut reduced the official rate by 25 basis points to 2.25%, a record low since the RBA gained independence and started targeting inflation in the 1990s

Tuesday 03 February 2015 by