4 Dec, 2019 | Interest Rate Report
The RBA kept the official cash rate on hold at 0.75% at its latest meeting. While the RBA’s final meeting for 2019 delivered no surprises in deciding to keep official rates on hold at 0.75%, 2019 was a year where domestic economic growth waned and inflation remained...
6 Nov, 2019 | Interest Rate Report
Despite much publicity surrounding the cut in Australia’s 2019 economic growth to 1.7% by the International Monetary Fund, the RBA decided to keep the official cash rate on hold at 0.75% at its latest meeting. In the mix of considerations for this rate decision, the...
2 Oct, 2019 | Interest Rate Report
At its meeting this month, the RBA decided to cut official interest rates by 0.25% to 0.75%, a new historical low. It’s now widely expected that the RBA will cut rates again. Macquarie gauges the RBA will now pause, having halved the cash rate from 1.5% in May and...
5 Sep, 2019 | Interest Rate Report, News
The RBA this month decided to keep the official cash rate on hold at 1%. In Australia the mixed signals from economic data weighs more heavily to the downside, however in our view the RBA will wait for the second quarter GDP growth number, which is released after this...
3 Oct, 2018 | Interest Rate Report
Macquarie Bank October 2018 interest rate report – rates on hold at 1.5% Although the RBA has in now kept the official cash rate on hold at 1.5% for 26 months, the drivers of this monthly decision have varied more recently. Notably Australia’s economic growth data for...
