2024; the year we held our breath for an RBA move that never …

Dec 20, 2024 · Lessons ahead of a potential RBA Move in 2025. As we close out 2024, the future of the RBA's rate decisions remains uncertain. While inflation remains the biggest wildcard, …

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RBA Is More Confident On CPI, But Too Early To Declare Victory

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Dec 24, 2024 · The RBA’s baseline scenario is for the unemployment rate to rise to 4.3% in December and peak at 4.5% next year. The central bank’s preferred inflation gauge, the …

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FAQs about 2024; the year we held our breath for an RBA move that never … Coupon?

Why did the RBA sit on its hands in 2024?

The RBA chose to sit on its hands in 2024. Here’s why At its first meeting of 2024, the Reserve Bank of Australia board held the official cash rate steady at 4.35 per cent. Following its final meeting of the year, almost exactly the same board held the cash rate at that very same point – 4.35 per cent. ...

What is the future of the RBA's rate decisions in 2024?

As we close out 2024, the future of the RBA's rate decisions remains uncertain. While inflation remains the biggest wildcard, Mozo is still confident that the first move from the RBA - after the 13 hikes in 2023 - will be a cut. ...

Will the RBA's first meeting of 2024 affect home loan rates?

NAB is predicting one more cash rate rise, before the RBA reaches the peak of the hiking cycle, so the RBA’s first meeting of 2024 will be watched closely not only due to its new format, but the impact it has on home loan rates for 2024. Mozo home loan watch: when will interest rates finally come down? ...

Will the RBA cut its cash rate in February?

Minutes of the RBA board’s December meeting, at which the official cash rate was kept at 4.35 per cent, reveal a marked change in the bank’s outlook for the economy and inflation that sparked hope of a rate cut in February. Minutes of the Reserve Bank’s most recent meeting show a rate cut getting closer. Oscar Colman ...

What changes have been recommended by the RBA review?

Some of the other changes recommended by the review have already been implemented by RBA governor Michele Bullock without legislation. These include cutting the number of board meetings to eight a year, from 11, and a requirement for the governor to conduct a press conference after each interest rate decision. ...

Will 2024 be a big year for the Reserve Bank of Australia?

2024 is going to be a big year for the Reserve Bank of Australia (RBA), with the launch of a new meeting calendar and format, and a continued focus on navigating the ‘narrow path’ to the 2-3% inflation target. ...