Posts tagged "RBA cash rate"

The Reserve Bank of Australia today lifted the cash rate target 0.25% to 2.6%, undercutting market predictions of a sharper 0.5% hike and signalling a slowdown of the central bank's inflation-busting strategy.

The Reserve Bank of Australia is predicted to announce an interest rate rise of 0.25% to 0.5% today, which could take the cash rate to 1.85%.

The RBA's promise to not increase interest rates until 2024 seems to be a statement of the past, writes Peter Lawrence from Pitcher Partners.