-
RBA tipped to keep interest rate on hold
In a step likely to encourage thoughts of Groundhog Day, the Reserve Bank of Australia is expected to keep the official cash rate at its record low for the 28th consecutive month. Economists are widely expecting the central bank's board will hold the rate at 1.5 per cent at their December meeting on Tuesday. The rate, which reflects what the central bank charges commercial banks on overnight loans and influences all other interest rates, was last cut in August 2016 and hasn't been hiked since November 2010. The RBA has signalled things are not likely to change for some time. But Governor Philip Lowe says a shift will ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Dec 3, 2018 1:55pm Dec 3, 2018 1:55pm
- renkotop
- Joined Nov 2015 | Status: Member | 109 Comments
- Comment #2
- Quote
- Dec 3, 2018 4:04pm Dec 3, 2018 4:04pm
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
ITS ABOUT THE CASH NOTHING ELSE.
- Comment #3
- Quote
- Dec 3, 2018 4:09pm Dec 3, 2018 4:09pm
- montygoldy
- Joined May 2017 | Status: Intermediate Trader | 10 Comments
Extreme gut feeling trader
- Comment #4
- Quote
- Edited 5:34pm Dec 3, 2018 4:55pm | Edited 5:34pm
- lasty
- Joined Aug 2008 | Status: Member | 1423 Comments
- Comment #5
- Quote
- Dec 3, 2018 5:04pm Dec 3, 2018 5:04pm
- californiaki
- | Joined Jul 2013 | Status: Member | 3 Comments
- Comment #6
- Quote
- Dec 3, 2018 6:15pm Dec 3, 2018 6:15pm
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
ITS ABOUT THE CASH NOTHING ELSE.
- Comment #7
- Quote
- Dec 3, 2018 8:21pm Dec 3, 2018 8:21pm
- montygoldy
- Joined May 2017 | Status: Intermediate Trader | 10 Comments
Extreme gut feeling trader
- Comment #8
- Quote
- Dec 3, 2018 10:14pm Dec 3, 2018 10:14pm
- kingleeny
- Joined Jul 2014 | Status: Member | 1479 Comments