RBA lifts cash rate, warns of more to come
The Reserve Bank of Australia board has raised the cash rate by 0.25 percentage points to 0.35 per cent following its monthly board meeting.
The Reserve Bank of Australia board has raised the cash rate by 0.25 percentage points to 0.35 per cent following its monthly board meeting.
Reserve Bank governor Philip Lowe has warned that without increases in interest rates, inflation will be a lot higher than present.
The Reserve Bank of Australia warns in the minutes of its April board meeting that rising inflation has brought forward the timing of a cash rate rise.
The Reserve Bank warns borrowers to be prepared for interest rates to rise more quickly than anticipated, as politicians gear up for a cost-of-living election.
The Reserve Bank of Australia board has left the cash rate unchanged, but warns it will be monitoring inflation and wages figures in coming months.
Reserve Bank governor Philip Lowe has warned higher rates of inflation are ahead, signally he will be keeping watch on data results in coming months.
The Reserve Bank of Australia minutes from its March 1 board meeting show there is uncertainty how inflation will evolve in the face of the Ukrainian war.
Economists are upgrading their growth forecasts for Wednesday's national accounts after an expected drag from exports proved smaller than expected.
Reserve Bank governor Philip Lowe has again put stronger wages growth as a key element before raising the cash rate.
Reserve Bank governor Philip Lowe said a cash rate rise is "plausible" later this year but he is surprised by the multiple moves priced in financial markets.
The Reserve Bank of Australia governor Philip Lowe says the central bank board is prepared to remain patient before lifting interest rates.
More Australian workers are quitting their jobs for better-paid ones, and the Reserve Bank of Australia has noticed professionals are leading the charge.