The Reserve Bank of Australia (RBA) considered an interest rate hike in its first meeting of the year but ultimately decided to maintain the current rate, citing the need for more time to be certain about the inflation decline. This decision reflects the board's cautious approach towards managing inflation levels, with the board agreeing it was "not yet possible" to rule out further rate hikes. Despite this pause, the possibility of future rate hikes has not been ruled out, indicating that more financial strain could be on the horizon for mortgage holders.
By calling for rate cuts, the Bank of England's Swati Dhingra is the one global policymaker making sense right now, @marcusashworth writes https://t.co/5Cphp2wHia via @opinion
Swati Dhingra is the only major central bank policymaker to publicly call for an interest rate cut in at least two years. She should stick to her guns, @marcusashworth writes https://t.co/jsJhB26pI8 via @opinion
By calling for rate cuts, the Bank of England's Swati Dhingra is the one global policymaker making sense right now, @marcusashworth writes https://t.co/G2sBIMcFNg via @opinion
By calling for rate cuts, the Bank of England's Swati Dhingra is the one global policymaker making sense right now, @marcusashworth writes https://t.co/HE0CZtbIuB
Strewth..Australia may be the canary in the coal mine on interest rates, says @katie_martin_fx in this op-ed https://t.co/naOlvlca83
Why Australia may be the canary in the coal mine on interest rates https://t.co/tQAm9MZAwM | opinion
RBA Debated Rate Hike At February Meeting; Not Ruling Out Further Increases https://t.co/DBVIPiRXRD via @WSJ
More financial pain could be on the way for mortgage holders as RBA minutes say the board agreed it was "not yet possible" to rule out further interest rate rises following February's meeting. https://t.co/9DZTct9oG5
More rate hikes are still on the cards after the Reserve Bank revealed it considered whether to raise interest rates when it met earlier this month. > https://t.co/whdXscGsBo https://t.co/nhlZMQ999t
Australia’s central bank considered raising interest rates at its first meeting of the year but decided the case to stand pat was the “stronger one” https://t.co/QlFWItm1I6
⚠️ AUSTRALIA CENTRAL BANK NEEDED "SOME TIME" TO BE CERTAIN ON INFLATION DECLINE Full Story → https://t.co/F0ATx928lr
RBA Minutes: Board Considered Interest-Rate Hike, Saw Pause Case As Stronger - Needed ‘Some Time’ To Be Certain On Inflation Decline
🔴 RBA: BOARD NEEDS MORE TIME TO GAIN CONFIDENCE IN INFLATION LEVELS