Similar Stories to Rba Surprises On Interest Rate Hold on Bing News

Investors' hopes for a rate cut down under dashed. The Reserve Bank of Australia held interest rates steady after cutting to a record low of 2.25 percent in February. The pause in trimming put heavy pressure on stocks, the benchmark Sydney Ordinaries falling half a percent after tapping a seven-year high earlier in the week.

BING NEWS:
  • Reserve Bank governor opens door to February interest rate cut, but will she walk through?
    But some changed their mind today, such as Deutsche Bank's Phil O'Donaghoe, while the few holdouts forecasting a February rate cut, such as CBA and JP Morgan, claimed some pre-emptive vindication for ...
    12/10/2024 - 5:47 am | View Link
  • RBA interest rates live updates: All the latest news from the Reserve Bank’s December board meeting
    The sack is empty, the cookies are all gone and no one bothered to untangle the lights at RBA HQ this Christmas. There’s nothing but grinches ... and head elf Michelle Bullock to once again hand out ...
    12/9/2024 - 8:10 am | View Link
  • RBA keeps interest rate at 4.35 per cent, says rate rise could be on cards as governor says she's not expecting a recession in Australia
    The Reserve Bank has kept interest rates on hold ... are under-pricing the likelihood of a rate hike this year, especially in August if Q2 inflation surprises on the upside," they said.
    06/17/2024 - 8:12 pm | View Link
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