WebData Snapshot – Tuesday, 4 April 2024 1 RBA Board Meeting Done and Dusted? • Reserve Bank (RBA) hit the pause button, leaving the cash rate at 3.60%. It is the first pause in eleven meetings. • Growing evidence that inflation has peaked and economic activity is slowing, especially household spending, has given the RBA room to go on hold and assess further … WebMar 7, 2024 · The Reserve Bank has raised interest rates for the 10th straight meeting in a row and continues to flag more hikes in a bid to bring inflation down. At its second …

AUD ekes out gains following fall in US headline inflation

WebMar 29, 2024 · The RBA cash rate futures implied a 95% chance that the RBA will hold rates at their meeting next week. Yet I am seeing a growing chorus of established economists argue a case for a hike, even after today’s figures. One argument is that the RBA will want to see the quarterly inflation print before deciding whether to hold rates. WebApr 11, 2024 · Australia’s softer-than-expected inflation rate could see the Reserve Bank of Australia (RBA) holding rates next week. Australia’s latest monthly consumer price index for February rose to 6.8 per cent year-on-year, lower than January’s, providing further evidence that inflationary pressures across the economy are easing.. All 11 sub-groups tracked by … bird rush game

Inflation slows to 6.8%, but RBA

Web2 days ago · For most of 2024, the RBA issued the same repeated assurance: “The Board will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent … WebThis all but guarantees the RBA board will increase interest rates by 0.25 percentage points at its next meeting, on February 7, and likely several more times in 2024. To fulfil its … dams on the pend oreille river