Home Loan News

RBA signals further rate cuts are imminent

The Reserve Bank of Australia (RBA) is open to further rate cuts should they be needed, according to the minutes of its August 6 meeting.

RBA signals further interest rate cuts are imminent Reserve Bank signals further. RBA rate cut a matter of when, not if. The RBA governor will almost certainly cut interest rates in the next few months, but lacks an opportunity to fully "tee up" the financial markets and public.

Any further cuts in interest rates are now dependent on the future direction. close off the possibility of reducing rates further nor signal an imminent intention to reduce them," the RBA minutes.

The Reserve Bank has kept the cash rate on hold at 1.5 per cent, marking the 30th meeting in a row without change. But weak inflation and a slowing economy have forced the RBA to shift to an.

The Ultimate Truth about Housing Affordability Do you know the Ultimate Truth about Housing Affordability?There have been many headlines decrying a "housing affordability crisis" in the residential real estate market. It is true that buying a home is less affordable than it had been over the last ten years.

The Reserve Bank has signaled further rate cuts are imminent as it looks to jolt the economy out of a stupor and drive down unemployment. Delivering one of its most sombre assessments in years, the RBA said employment was unlikely to grow faster than population growth – meaning wages are unlikely to rise without further stimulus and the jobless rate will remain steady rather than fall.

Not a definitive answer by any stretch, but it does signal the bank is prepared. We expect the RBA has further to go from here. We are forecasting the next 25 basis point rate cut in August, and a.

RBA rate cut, Fed to follow. by The Morning Call published on 2019-06-03T20:20:21Z Tuesday 4th June 2019 The RBA is expected to cut interest rates today, but more interesting will be what Philip Lowe says this evening.

The Ultimate Truth about Housing Affordability The Ultimate Truth about Housing Affordability. dated: 06/01/2019. views: 315. There have been many headlines decrying an "affordability crisis" in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to.

"The Australian dollar’s status as a relatively high yielding currency will continue to be eroded by RBA rate cuts. It leaves the Aussie vulnerable to further weakness especially while global.

RBA rate cut a matter of when, not if. The RBA governor will almost certainly cut interest rates in the next few months, but lacks an opportunity to fully "tee up" the financial markets and public.

Related posts

Privacy | Terms