Australian Reserve Bank Announces 1st Rate Cut Since 2020

'No victory yet': The Reserve Bank cuts rates from a 13-year high — as it happened
The decision followed a drop in inflation and is in line with predictions from economists and the major banks.
How banks are responding to Reserve Bank decision to cut interest rates
All four of Australia's major banks make their announcement just minutes after the RBA made its decision public.
Australian central bank cuts benchmark interest rate for the first time since October 2020
Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools.
Aussie 'Big Four' Banks Cut Rates, Mirroring Central Bank
Australian "Big Four" lenders cut their interest rates by 25 basis points on Tuesday, in tandem with the central bank cutting its rates for the first time since November 2020. The Reserve Bank of Australia (RBA) cut its cash rate by 25 basis points to 4.
Did the ASX 200 banks pass on the RBA rate cut in full?
The Reserve Bank of Australia cut interest rates by 0.25% in the first drop in more than four years today. The post Did the ASX 200 banks pass on the RBA rate cut in full? appeared first on The Motley Fool Australia.
Australian Reserve Bank Announces First Rate Cut Since 2020
The Reserve Bank of Australia (RBA) announced a rate cut of 25 basis points, bringing the cash rate down to 4.10% on Tuesday. This move marks the first rate reduction since November 2020, signaling the bank’s concern over domestic economic uncertainties.
Reserve Bank of Australia (RBA) cuts interest rates for the first time since 2020
The Reserve Bank Board of Australia (RBA) announced they had cut interest rates by 25 basis points to 4.10%. The easing is the first since November 2020, when the central bank cut rates while grappling with the pandemic’s economic slowdown.
Most banks ‘don’t cut your repayments’ when interest rates fall
Sky News Business Editor Ross Greenwood explains how most banks will maintain the same repayment rate when interest rates fall so people can pay more off their mortgages.
Cash returns fall to zero as RBA slashes interest rates
Aussie savers already been going backwards will fall further behind following the Reserve Bank’s move to cut rates.
Australia's ANZ's impaired assets rise in the first quarter, shares fall
ANZ Group , Australia's fourth-biggest lender, said on Thursday that asset impairments jumped to their highest levels since ...
Aussies delivered brutal reality check as RBA drops interest rate for first time in four years: 'New norm'
Follow along as Yahoo Finance brings you all you need on this important day for the RBA and millions of Aussie homeowners.