Don’t wait for the banks, or the RBA, give yourself a rate cut today – InfoChoice

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Looking ahead today and we will see the release. the Euro-zone economy was expanding at a rate above its potential. He also said that he was confident about the inflation rate converging with the.

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 · Yet a number of economists believe the RBA shouldn’t wait for the unemployment rate to rise, calling for the bank to act as soon as the next meeting on 7 May to cut the cash rate. ANZ’s team of economists are among those, today joining fellow big four banks NAB and Westpac in forecasting that the RBA will cut the cash rate twice in 2019.

At its April meeting, the Reserve Bank of Australia (RBA) decided to keep the official cash rate at 1.5% – taking a wait and see attitude’ before the Federal Budget release at 7pm today. Any measures to support economic growth included in the Federal Budget are likely.

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The Reserve Bank of Australia’s (RBA) monthly rate statement contains the outcome of bank’s interest rate decision and discusses the economic conditions that influenced the decision.

My guess is that rather than bickering amongst themselves and sending oil down to $35, the key opec members decided to agree to quotas that they don’t intend to follow. most of them will give OPEC.

POSTED ON June 4, 2019 Don’t wait for the banks, or the RBA, give yourself a rate cut today Borrowers are today celebrating Australia’s first official interest rate cut in almost three years, and experts are predicting more to follow.

THE RBA has left the official cash rate on hold at its historic low, but borrowers should brace for the big banks to keep jacking up rates. Frank Chung @franks_chung news.com.au April 5, 2017 8:02am

High profile Australian stockbroker Bell Potter’s Charlie Aitken is out with some fighting words aimed at the Reserve Bank of Australia today: – Says the RBA is "well behind the curve, both.