Macquarie December 2019 Interest Rate Announcement

Macquarie December 2019 Interest Rate Announcement

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...
Macquarie November 2019 Interest Rate Announcement

Macquarie November 2019 Interest Rate Announcement

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...
Macquarie October 2019 Interest Rate Announcement

Macquarie October 2019 Interest Rate Announcement

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...
Macquarie Bank interest rate report

Macquarie Bank 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...