Mortgage holders’ long-awaited rate cut could be put on hold as Australia’s central bank deals with the uncertainty of Donald Trump’s latest tariff plans.
There’s a lot of money riding on the central bank’s rate decision. While the market and most economists are all but convinced, it’s still a line ball decision.
The figure that influences how high people's mortgage repayments are set has been 4.35 per cent since November 2023.
If the RBA doesn’t cut next week it would be a shock to the currency market and AUD/USD could lift by around 1 U.S. cent, said CBA. The pair is near 0.6280.
Four months after the Fed cut rates, inflationary pressures appear to be building in the US. The lesson is unlikely to be lost on the Reserve Bank as it prepares to make its rates decision next week.
Annualised core US inflation rose to 3.8% in January up from a 1.7% trough in July, although some economists point to US PCE ...
The money markets are almost completely certain that next week's Reserve Bank meeting will be positive for homeowners.
The Reserve Bank is highly tipped to cut interest rates next week and it won't take long before you feel those effects.
February 11, 2025, 08:49 PM ET, BY Rick O., Contributor | Editor: Derek Curry ( Follow on LinkedIn ) ...
If money market pricing is to be believed, an interest-rate cut by the Reserve Bank of Australia next week is nearly a done deal.
The jump in the overall inflation rate that dogged the economy, consumers and businesses from late 2021 to early 2024 is, thankfully, behind us. The overall inflation rate is back on target and with ...
Markets are largely expecting the first 25bp rate cut from the Reserve Bank of Australia (RBA) next week on February 18. We ...