Further rate cut possible, but not yet: RBA. off the possibility of reducing rates further nor signal an imminent intention to reduce them," the RBA said in the minutes of its September 3 board.
In the minutes from the decision a fortnight ago to cut the cash rate to 2.5 per cent, the rba board appears to have settled on a neutral monetary policy stance with easing bias. "Members agreed that the Bank should neither close off the possibility of reducing rates further, nor signal an imminent intention to reduce rates further," the.
RBA rate cut a matter of when, not if. The RBA governor will almost certainly cut interest rates in the next few months, but lacks an opportunity to fully "tee up" the financial markets and public.
Further rate cut possible, but not yet. the possibility of reducing rates further nor signal an imminent intention to reduce them," the RBA said in the minutes of its September 3 board meeting.
“Members would consider a further easing of monetary. days in June and July when rates were cut, as expected. But.
The RBA has delivered one of its most sombre assessments in years as it looks to jolt the economy out of a stupor. RBA signals further interest rate cuts are imminent reserve bank signals further.
The Reserve Bank of Australia has kept a close eye on inf RBA signals further rate cuts – ifa Inflation targets have overtaken fears over high household debt as the Reserve Bank’s chief priority, clearing the way for more rate cuts.
Prior to the RBA’s decision, CommSec had the market priced at 17 per cent chance of a rate cut this morning. After today’s decision, there is a strong likelihood another cut is imminent later in.
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No rate cut imminent, RBA says. By James. "Members agreed the bank should again neither close off the possibility of reducing rates further nor signal an imminent intention to reduce them," the.