Home >  Blog >  Cash rates to remain at 4.25%

Cash rates to remain at 4.25%

Posted by medicalfinancial on 3 April 2012

In line with most Economists predictions the Reserve Bank board kept the cash rate on hold at 4.25% for a third consecutive month today.

Glenn Stevens, the Reserve Bank Governer,  did hint the Reserve bank could cut the rate next month, saying in a statement that if demand conditions "weakened materially, the inflation outlook would provide scope for easier monetary policy".

The RBA last eased the cash rate by 25 basis ponts in December and Economists believe two further easings during 2012 is likely.

 

Author: medicalfinancial
Tags: News

Post comment

Latest News

View all news

ATO Data Matching Changes - What You Need To Know

Posted by Mary Young on 17 April 2019
For a long time, the ATO has been using data-matching practices to ensure individual...

In or out? Insurance within super isn't all it's cracked up to be.

Posted by Sean O'Kane & Neal Durling on 27 March 2019
The fields of insurance and superannuation are complex and filled with both options,...

When self-help is not a one-person job

Posted by Sean O'Kane & Neal Durling on 22 February 2019
There are times in life when you're better off not putting your head above the p...
< Previous | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | Next >

SIGN UP

For Events and News