Reserve Bank Official Interest Rate Australia 2025r 2025
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Reserve Bank Official Interest Rate Australia 2025r 2025. Reserve bank of australia governor michele bullock has delivered the first interest rate cut in more than four years. The reserve bank of australia (“rba”) concluded its december 2024 meeting by maintaining its official cash rate (“ocr”) at 4.35%, marking the ninth consecutive meeting and.
The reserve bank handed down its first interest rate cut in more than four years, reducing the cash rate target by 25 basis points from 4.35 to 4.10 per cent. The reserve bank has cut official interest rates by 0.25 per cent, in its first move downwards in more than four years.
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