The Reserve Bank of Australia paused rate hikes, stating that future increases will depend on where inflation lands.
4 reports, 4 independent
Updated Sep 18
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What happened
The Reserve Bank of Australia paused rate hikes, stating that future increases will depend on where inflation lands.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.RBA halted rate hikes, stating future moves depend on inflation trajectory.1 source
Inflationary pressures and monetary policy are key concerns for the RBA regarding the Australian economy.1 source
Analysts characterize the RBA's sharpened language following its latest monetary policy statement.1 source
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Part of
The Reserve Bank of Australia is the central bank of Australia and manages monetary policy for the nation.Also in this story
- Melinda Cilento was appointed to the monetary policy board of the Reserve Bank of Australia, where she also serves as CEO of the think tank.
- The Reserve Bank of Australia and the Albanese government have been jointly tasked with the responsibility of controlling persistent price pressures.
The entities involved
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RBA
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- The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.
- The Reserve Bank of Australia and the European Central Bank are facing global economic pressures. Data released on May 27 showed that CPI rose 0.4% in April.
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inflation
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Related events
- The Reserve Bank of Australia is navigating the economic cycle, where rate hikes and cuts are being implemented to manage inflation and market health.
- RBA believes Australia's rate-hike cycle has ended, prompting financial institutions like Barclays and Capital Economics to adjust their economic forecasts.
- Rising inflation in Namibia prompts the Bank of Namibia to consider a rate increase.