Central banks across various countries have made key decisions on interest rates amid fluctuating economic indicators. The Reserve Bank of Australia (RBA) has left its cash rate target unchanged at 4.35%, marking the third consecutive meeting without a change, following 13 interest rate rises since May 2022. This decision comes as the Australian economy shows signs of slowing growth and easing inflation, despite previous concerns over inflationary pressures. The Australian dollar fell to $0.6548, and the S&P/ASX 200 Index rose by 0.3%. Similarly, the Bank of Japan (BoJ) has maintained its interest rate at 0.00%, following a period of negative rates. In China, the People's Bank of China (PBoC) has kept its one-year Loan Prime Rate (LPR) at 3.45% and the five-year LPR at 3.95%, indicating a steady approach amidst economic recovery efforts. These decisions reflect a cautious stance by central banks as they navigate through economic uncertainties, aiming to balance growth with inflation control.
China PBoC Injects 3 Bln Yuan Of 7 Day Reverse Repo At 1.8%; Reverse Repo Injections Match Maturities In Open Market Ops
🔴 CHINA https://t.co/uuSk61aHqj INJECTS 3 BILLION YUAN VIA 7-DAY REVERSE REPOS AT 1.80%: UNCHANGED FROM PRIOR RATE - STATEMENT
#China keeps benchmark lending #rate #LPR unchanged. One-year LPR kept at 3.45%. Five-year LPR kept at 3.95%.
China Keeps Loan Prime Rates Unchanged As Expected - 1 Year LPR At 3.45% - 5 Year LPR At 3.95%
⚡JUST IN: China's central bank leaves the Loan Prime Rate #LPR unchanged in March. 1-year LPR at 3.45% unchanged; 5-year LPR at 3.95% unchanged. #China https://t.co/wxcxIC78hm
🔴 PBOC INTEREST RATE 5 YR ACTUAL 3.95% (FORECAST 3.95%, PREVIOUS 3.95%) $MACRO
🔴 ⚠️ BREAKING: PBOC INTEREST RATE 1 YR ACTUAL 3.45% (FORECAST 3.45%, PREVIOUS 3.45%) $MACRO
🔴 CHINA SETS ONE-YEAR LOAN PRIME RATE AT 3.45% MONTH ON MONTH
CHINA (MAR) 1-YEAR LOAN PRIME RATE ACTUAL: 3.45% VS 3.45% PREVIOUS;EST 3.45%
CHINA (MAR) 5-YEAR LOAN PRIME RATE ACTUAL: 3.95% VS 3.95% PREVIOUS;EST 3.95%
🇺🇸 United States 20-Year Bond Auction $USD Actual: 4.542% Previous: 4.595%
Treasuries and equities rally after a stronger than expected $13 billion 20-year auction -Comes in at 4.542% vs 4.562% WI yield -Bid to Cover 2.79
US 2044 Bond Sale: - High Yield Rate: 4.542% (prev 4.595%) - Bid-Cover Ratio: 2.79 (prev 2.39) - Direct Accepted: 17.2% (prev 19.7%) - Indirect Accepted: 73.5% (prev 59.1%) - WI: 4.562%
🔴 US 20-YEAR BOND BID-TO-COVER ACTUAL 2.790 (FORECAST -, PREVIOUS 2.390) $MACRO
🔴 US 20-YEAR BOND HIGH YIELD ACTUAL 4.542% (FORECAST -, PREVIOUS 4.595%) $MACRO
🔴 TREASURY WI 20Y YIELD 4.562% BEFORE $13 BILLION AUCTION.
🇺🇸 United States 52-Week Bill Auction $USD Actual: 4.810% Previous: 4.695%
US 52-WEEK BILL AUCTION BID-TO-COVER RATIO 2.88 HIGH RATE 4.810% AWARDS 31.68% OF BIDS AT HIGH US SELLS $46 BLN
🔴 US 52-WEEK BID-TO-COVER ACTUAL 2.880 (FORECAST -, PREVIOUS 2.760) $MACRO
🔴 US 52-WEEK BILL HIGH YIELD ACTUAL 4.81% (FORECAST -, PREVIOUS 4.695%) $MACRO
🔴 FED BIDS FOR 52-WEEK BILLS TOTAL $104.3 MLN.
🔴 US REDBOOK YOY ACTUAL 3.4% (FORECAST -, PREVIOUS 3.0%) $MACRO
🇬🇧 United Kingdom 20-Year Treasury Gilt Auction $GBP Actual: 4.467% Previous: 4.391%
Australia's central bank holds rates, waters down tightening bias https://t.co/etMXOy0NMv https://t.co/cGUZB4z9z7
Australia’s central bank abandoned its mildly hawkish stance after keeping interest rates at a 12-year high https://t.co/vCNsKrj8e8 https://t.co/OGMFiR0fJH
China seen leaving benchmark lending rates unchanged in March https://t.co/x82HfGqCCG https://t.co/BJN1cL1JR3
🇦🇺 (Reuters) -Australia's central bank held interest rates steady on Tuesday and watered down its tightening bias, signalling greater confidence that inflation is moving back to its target as the economy slows. https://t.co/dsxAUn6vrG
⚠️ CHINA SEEN LEAVING BENCHMARK LENDING RATES UNCHANGED IN MARCH Full Story → https://t.co/FuW0llBTVH China is widely expected to leave benchmark lending rates unchanged on Wednesday, a Reuters survey showed, as the central bank kept a key policy rate steady last week at a… https://t.co/1TW789zOR9
⚠️BREAKING: *BANK OF JAPAN INTEREST RATE DECISION: 0.0%; EST. 0.0%; PREV. -0.1% 🇯🇵🇯🇵 https://t.co/yOvYKArrjp
The Reserve Bank has left interest rates at 4.35 per cent, highlighting continuing uncertainty in Australia's economic outlook despite falling inflation. https://t.co/ztKQikmmC1
Australia’s central bank abandoned its mildly hawkish stance after keeping interest rates at a 12-year high. https://t.co/3yGOIhXtMe
🔴 AUD FALLS 0.34% TO $0.6538
Australia's central bank holds rates as expected, waters down tightening bias https://t.co/fQelKWHC1S https://t.co/2EzwA8QePU
⚠️ AUSTRALIA'S CENTRAL BANK HOLDS RATES AS EXPECTED, WATERS DOWN TIGHTENING BIAS Full Story → https://t.co/brhjQ5a2nR https://t.co/quJqXPPZ9v
Mortgage holders have been delivered another repayment reprieve after the Reserve Bank opted to keep the cash rate unchanged. Read more: https://t.co/mjJeDyRKAO https://t.co/8SEDnsUske
#BREAKING: The Reserve Bank has left interest rates on hold amid signs that growth in the economy has dramatically slowed down. https://t.co/eltZGD72o2
🇯🇵 Japan BoJ Interest Rate Decision $JPY Actual: 0.00% Expected: 0.00% Previous: -0.10%
🔴 ⚠️ BREAKING: BOJ RATE DECISION ACTUAL 0% - 0.1% (FORECAST -0.1%, PREVIOUS -0.1%) $MACRO
#BREAKING: The RBA has left the cash rate on hold at 4.35 per cent, as the nation’s economy enters a holding pattern of easing inflation and strong employment. #9News DETAILS: https://t.co/sle8Cuoyi0 https://t.co/4ygODeyqLz
#BREAKING: The Reserve Bank has left interest rates on hold amid signs that growth in the economy has dramatically slowed down following 13 interest rate rises since May 2022. https://t.co/aBMvvicoxZ
Reserve Bank holds interest rates steady https://t.co/kkWfKD4gWi
RBA rates decision: interest rate unchanged for third meeting in a row as Australian borrowers granted reprieve https://t.co/o6raX3yUds
#BREAKING: The Reserve Bank of Australia has made another big interest rate call today, leaving rates on hold for the third consecutive meeting. https://t.co/2DqJEDIAj9
🔴 AUSTRALIA'S S&P/ASX 200 INDEX RISES 0.3% AS CENTRAL BANK KEEPS CASH RATE AT 4.35%
AUSSIE DOLLAR DOWN 0.18% AT $0.6548 AFTER RBA KEEPS CASH RATE UNCHANGED
Breaking: The Reserve Bank has kept interest rates steady at 4.35 per cent as inflation continues to ease and economic growth all but stalls. https://t.co/Lehhq57oTs
🔴 AUSSIE DOLLAR FALLS 0.18% TO $0.6548 AFTER RBA KEEPS CASH RATE UNCHANGED
(New from me): RBA rates decision: interest rate unchanged for third meeting in a row as Australian borrowers granted reprieve https://t.co/c17si0TkyF
🇦🇺 RBA Interest Rate Decision Actual: 4.35% Expected: 4.35% Previous: 4.35% https://t.co/907rlkUmdd
🔴 ⚠️ BREAKING: RBA CASH RATE ACTUAL 4.35% (FORECAST 4.35%, PREVIOUS 4.35%) $MACRO
🇦🇺 Australia RBA Interest Rate Decision (Mar) $AUD Actual: 4.35% Expected: 4.35% Previous: 4.35%
Reserve Bank Of Australia Leaves Cash Rate Target Unchanged At 4.35%; As Expected
AUSTRALIA (MAR) RBA CASH RATE TARGET ACTUAL: 4.35% VS 4.35% PREVIOUS;EST 4.35%
Heads Up:🇦🇺 RBA Interest Rate Decision due at 03:30 GMT (15min) Expected: 4.35% Previous: 4.35% https://t.co/907rlkUmdd
Heads Up:🇯🇵 BoJ Interest Rate Decision due at 03:00 GMT (15min) Expected: 0% Previous: -0.1% https://t.co/907rlkUmdd
The Reserve Bank of Australia’s interest rate decision is expected on Tuesday and it is likely the cash rate will be kept on hold. https://t.co/X9PZ3fepN0
🔴 AUSTRALIAN DOLLAR FALLS TO LOWEST LEVEL SINCE MARCH 6 AT $0.6550
Interest rates are set to remain on hold when the Reserve Bank of Australia finishes its second meeting of the year later today. #9News https://t.co/03Zdyqq8LN
TREASURY 5-YEAR YIELD HAS REACHED 4.367%, MARKING ITS HIGHEST LEVEL SINCE NOVEMBER 28TH
*TREASURY 5-YEAR YIELD RISES TO 4.367%, HIGHEST SINCE NOV. 28
US 10-Year Yield 4.35%: Highest This Year https://t.co/Bsl8SMzWxR
US 6-MONTH BILL AUCTION HIGH RATE 5.130% BID TO COVER RATIO 2.76 US SELLS $70 BLN AWARDS 44.78% OF BIDS AT HIGH
US 3-MONTH BILL AUCTION BID-TO-COVER RATIO 2.81 HIGH RATE 5.245% SELLS $76 BLN AWARDS 80.99% OF BIDS AT HIGH
🔴 US 6-MONTH BILL HIGH YIELD ACTUAL 5.13% (FORECAST -, PREVIOUS 5.100%) $MACRO
🔴 US 3-MONTH BILL HIGH YIELD ACTUAL 5.245% (FORECAST -, PREVIOUS 5.250%) $MACRO
🔴 FED BIDS FOR 6-MONTH BILLS TOTAL $158.7 MLN.
❖ US 10-YEAR TREASURY YIELDS RISE TO 4.326%, HIGHEST SINCE FEBRUARY 23
⚠️ TAIWAN SET TO HOLD RATES STEADY AMID INFLATION CONCERNS: REUTERS POLL Full Story → https://t.co/eiRr0epDAV