Snapshot of central bank policy interest rates
Central banks are moving in markedly different directions. Australia has raised its policy rate by 0.75 percentage points over the past year, while the US has cut by the same amount.
Topic
Interest Rates
A collection of 3 issues
Household spending rebound makes the RBA’s job harder
Household spending has risen strongly for three consecutive months, with discretionary expenditure now growing faster than spending on essentials.
Three (blunt) politically relevant messages from the latest RBA Minutes
The latest RBA Minutes contain three unusually clear political messages on interest rates, Australia’s productivity problem and the weakening housing market.