Finance ❯Banking ❯Central Banking

Reserve Bank of Australia

Interest Rates Financial Stability Review COVID-19 Impact Interest Rate Decisions Cash Rate Target

RBA Holds Cash Rate at 3.85% in Split Vote, Defying Market Forecasts

The board voted six to three to hold rates pending fresh consumer price readings.

Australia’s Unemployment Rate Drops to 3.9%, Complicating Prospects for Interest Rate Cuts