fbpx
Macquarie November 2019 Interest Rate Announcement

Macquarie November 2019 Interest Rate Announcement

Despite much publicity surrounding the cut in Australia’s 2019 economic growth to 1.7% by the International Monetary Fund, the RBA decided to keep the official cash rate on hold at 0.75% at its latest meeting. In the mix of considerations for this rate decision, the...
Macquarie October 2019 Interest Rate Announcement

Macquarie October 2019 Interest Rate Announcement

At its meeting this month, the RBA decided to cut official interest rates by 0.25% to 0.75%, a new historical low. It’s now widely expected that the RBA will cut rates again. Macquarie gauges the RBA will now pause, having halved the cash rate from 1.5% in May and...
Macquarie August 2019 Interest Rate Announcement

Macquarie August 2019 Interest Rate Announcement

Following consecutive rate cuts in June and July, the RBA at its latest interest rate meeting has paused by keeping the official cash rate steady at 1%. This comes as no real surprise as we had been expecting the bank to observe the impacts of its recent cuts before...
Macquarie July 2019 Interest Rate Announcement

Macquarie July 2019 Interest Rate Announcement

After delivering an interest rate cut at the last RBA meeting, Governor Phillip Lowe noted that it was “not unreasonable to expect a lower cash rate” and the market did not have to wait long, with the RBA cutting the official cash rate by 0.25% to 1% at its July...
Macquarie June 2019 Interest Rate Announcement

Macquarie June 2019 Interest Rate Announcement

RBA cuts rates to 1.25% An interest rate cut was all but ensured by the RBA Governor Phillip Lowe when he spoke at the Economic Society of Australia in Brisbane last month, noting the RBA board was considering the case for lower interest rates. In May, the RBA board...