The Reserve Bank reduced the official cashrate by 25 basis points to 1.5% today.
The Reserve Bank kept the official cashrate at 1.75% today, and governor Adrian Orr projected that it would stay at that level into 2020.
Researchers at the Reserve Bank of Australia have discovered that averaging doesn’t present a real picture.
ASB Bank’s economists have forecast rises in interest rates toward the end of this year, ahead of an increase in the official cashrate (OCR) in early 2019.
End of the long bond rally? – Explaining interest rates & high house prices
The Reserve Bank left the official cashrate unchanged at 2.25% yesterday as governor Graeme Wheeler saw global growth stabilising.