Filtering by Tag: Record Low Interest Rates

What Does Another Interest Rate Hold Mean?

Published on Topic:

Again, the Reserve Bank has decided to leave the cash rate unchanged at 1.5% and again we will see the banks act on their own. Part of the reason for such a benign interest rate environment (at least for the RBA) was the recent CPI data which came in at just 0.5% or 2.1% for the year. This is only just within the RBA's desired band of 2.0%-3.0%.

Read the Full Article

Interest Rates Remain on Hold - Nothing's Changed ... Yet

Published on Topic:

Interest rates remain on hold at 1.50% by the RBA. What is somewhat ironic is that at the same time, there is a parliamentary inquiry into why the banks have not left interest rates on hold. RBA Governor Philip Lowe has stated that there has been an improvement to the global economy, though some uncertainties remain. He makes the case that America has passed the bottom of the interest rate cycle and that inflation has now started to rise in many advanced economies whilst the expectation of quantitative easing largely diminishes.

Read the Full Article