Reservebankofaustalia

The Reserve Bank of Australia kept the key interest rate unchanged at 1.50% as widely expected. The RBA governor Philip Lowe noted that the low interest rate policy was accommodative to help the Australian economy to grow. The central bank lowered interest rates in May last year bringing it to a historic low of 1.50%. The central bank did ...

2018-01-25 John Benjamin Read more
RBA

Notes From The Statement The RBA opted to keep rates on hold at their October rates meeting in line with broad market expectations. However, the accompanying statement was notably dovish. The first statement from new RBA Governor Lowe highlighted downside global economic developments. The bank noted that global inflation remains mostly below c...

2016-10-04 James Harte Read more
RBA

The Reserve Bank of Australia opted to keep interest rate unchanged at 1.75% at its meeting today. The Bank of England released its Financial Stability report and lowered the bank’s capital buffer requirements, in a bid to allow for nearly 150 billion GBP in additional lending for households and businesses in the UK. Today’s Economic events ...

2016-07-05 John Benjamin Read more
Brexit_GBP

Image via European Parliament / Flickr The Reserve Bank of Australia left interest rates unchanged at 1.75% at today's meeting. The Pound Sterling remains bullish but volatile, rising over 0.90% on the day. Eurozone GDP was revised higher to 0.60% for the first quarter. Here’s what’s moving the markets today. Today’s Economic events UK...

2016-06-07 John Benjamin Read more