Australia's central bank cuts rates

Australia's central bank cautious on rate cuts, all depends on data
Australia's central bank is cautious about cutting rates further given cost pressures in a hot labour market, but it will respond if inflation slows more quickly than expected, senior officials said on Friday.
Australia Central Bank Says it Won’t Commit to Any Set Course on Rates
The Reserve Bank of Australia isn’t committed to any course of action on interest rates with Gov. Michele Bullock cautioning that easing policy too quickly may stoke a fresh wave of inflationary pressures.
Australia central bank cuts rates for the first time in more than four years, flags economic uncertainties
The central bank had held its policy rate steady at 4.35% since November 2023, following an extended period of 13 rate hikes to tame inflation at home.
Australian central bank cuts benchmark interest rate for the first time since October 2020
Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools.
Australia's central bank cuts key interest rate for first time since 2020
The Reserve Bank of Australia says it will cut its key interest rate by a quarter of a percentage point, as the nation's inflationary pressure continues to ease.
RBA Joins Wave of Global Central Bank Easing With First Rate Cut Since 2020
The Reserve Bank of Australia cut interest rates for the first time since 2020 on Tuesday, joining its international counterparts in the global easing cycle.
Aussie "Big Four" banks cut rates, mirroring central bank
Australian "Big Four" lenders cut their interest rates by 25 basis points on Tuesday, in tandem with the central bank cutting its rates for the first time since November 2020.
Australia's central bank cuts interest rate for the first time in more than four years
The Reserve Bank of Australia on Tuesday cut benchmark interest rates for the first time in over four years, joining ranks with other major global central banks, as softening inflation allows room ...
Australia's Central Bank Makes Historic Rate Cut Amid Cooling Inflation
The Reserve Bank of Australia reduced its interest rate to 4.1%, responding to cooling inflation and maintaining economic stability. The move ends an upward trend and was influenced by a decline in inflation rates and stable employment figures.
Australia's central bank cuts cash rate to 4.10%
Australia's central bank cut interest rates on Tuesday for the first time since the depths of the 2020 pandemic, saying progress had been made on inflation though it was still cautious about the outlook.
Australian Reserve Bank Announces First Rate Cut Since 2020
The Reserve Bank of Australia (RBA) announced a rate cut of 25 basis points, bringing the cash rate down to 4.10% on Tuesday. This move marks the first rate reduction since November 2020, signaling the bank’s concern over domestic economic uncertainties.
Australia Delivers Long-Awaited Rate Cut and Potential Soft Landing
Australia’s central bank delivered its first interest rate cut. But Reserve Bank of Australia Governor Michele Bullock warned ...
Australia Q4 wages rise at slowest pace in over 2 years
Australian wages rose at the slowest annual pace in more than two years in the fourth quarter even as unemployment stayed ...