Interest Rate 2024 Forecast Australia

Interest Rate 2024 Forecast Australia. Interest rate in australia averaged 3.86 percent from 1990 until 2024, reaching an all time high of 17.50 percent in january of 1990 and a record low of 0.10 percent in november of 2020. Rba appears to be in a holding pattern, but its recent statements indicate a return to a tightening bias.


Interest Rate 2024 Forecast Australia

This decision supports progress of inflation to the midpoint. At its february 2024 meeting, the reserve bank board decided to leave the cash rate target unchanged at 4.35 per cent.

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