THE HALFAX HEIMDALL AUGUR

Finally, an interest rate reprieve – but a ceasefire in the Middle East doesn’t have the RBA popping champagne yet | Australian economy https://www.europesays.com/us/872290/ It will take more than a ceasefire in the Middle East to prevent the Reserve Bank from hiking…#us #news #usnews

RBA interest rates: Reserve Bank holds official cash rate at 4.35% as economy slows and unemployment rises <p>Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year</p><ul><li><p><a href="https://www.theguardian.com/australia-news/live/2026/jun/16/australia-news-live-victoria-wfh-work-from-home-labor-fuel-excise-budget-cost-of-living-albanese-chalmers-one-nation-hanson-rba-interest-rates-decision-ntwnfb">Follow our Australia news live blog for latest updates</a></p></li><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p>The Reserve Bank has left its official interest rate on hold at 4.35%, after economic activity slowed and unemployment hit a four-year high.</p><p>The widely expected decision on Tuesday will bring little relief to mortgage holders, already strained by the RBA’s three consecutive rate hikes earlier in 2026.</p> <a href="https://www.theguardian.com/australia-news/2026/jun/16/rba-interes…

Experts tip RBA to keep cash rate on hold next week - Nine shares Share article Mortgage holders hoping for further relief next week will likely be disappointed, with the Reserve Bank of Australia (RBA) tipped to keep the cash rate on hold. That is the unanimous opinion of 32 economists and economic experts canvassed by financial research website Finder. It was the first time they had all reached total agreement on the outlook for interest rates this year, and was made after a rise in inflation and buoyant consumer spending. Advertisement READ MORE: Amazon to pay $3.8 billion to settle FTC allegations it duped customers into enrolling in Prime A panel of economic experts have unanimously agreed the RBA will keep interest rates on hold next week. AP/Mark Baker If they are accurate, the RBA board will keep the cash rate at 3.6 per cent when it wraps up its meeting next Tuesday. Graham Cooke, head of consumer research at Finder, said the central bank faced a tricky balancing act. "Mixed economic signals have kept the RBA in a holding pattern," he said. "While spending remains strong, rising inflation and increasing unemployment add complexity to the decision-making process." Experts …

Homeowners face higher repayments after Reserve Bank hikes cash rate ... The Reserve Bank has lifted the cash rate by 0.25 percentage points, citing re‑accelerating inflation and an economy still strong enough to sustain price pressures. For many households, that means monthly repayments will jump by well over $100. PropTrack modelling, which assumes a typical home loan rate rising from 5.5 per cent to 5.75 per cent in February, shows Sydney borrowers will wear the biggest hit, with average repayments up $156.20 from $5,618.84 to $5,775.04. The typical monthly increase is estimated at $129.18 in Brisbane, $121.47 in Perth, $115.66 in Adelaide, $109.86 in Canberra, $107.20 in Melbourne, $88.89 in Hobart and $73.24 in Darwin. “As was widely expected, the RBA increased the cash rate 25 basis points at its first meeting of 2026,” REA Group senior economist Angus Moore said. “This comes in response to higher‑than‑expected inflation in the December quarter, and unemployment dropping back down to 4.1 per cent.” Mr Moore said the path of prices would determine what happens next. MORE NEWS ‘A luxury’: Woman’s shock at $700 power bill Investor cops $1m bill for ditching house deal ‘No-brain…

Finally, an interest rate reprieve – but a ceasefire in the Middle East doesn’t have the RBA popping champagne yet | Australian economy https://www.europesays.com/uk/1030719/ It will take more than a ceasefire in the Middle East to prevent the Reserve Bank from hiking…

Bullock might have to change her tune after America's big-bang rate cut The US Federal Reserve went “bang” with its first interest rate cut this decade, creating another headache for the Reserve Bank of Australia. Fed chairman Jerome Powell declaredthe half a percentage point cutin the bank’s key lending rate a “good strong start” that gave it options in coming months. “We can go quicker if that’s appropriate, we can go slower if that’s appropriate, we can pause if that’s appropriate,” he said. Whether the Fed goes quicker will largely come down to the American jobs market, which was starting to show signs of struggling under the bank’s previous 5.25-5.5 per cent key lending rate. And that’s where the lesson is most important for the Reserve Bank. Central banking is built on a series of trade-offs. The Fed pushed its key lending rate from zero to between 5.25 and 5.5 per cent from March 2022 to the middle of 2023. Compared to the RBA – which took the cash rate here from 0.1 per cent to 4.35 per cent between May 2022 and November last year – the US went earlier and harder. The Fed put a premium on bringing inflation down over unemployment, which has climbed half a percentage …

Reserve Bank governor Michele Bullock appears before MPs on ... Reserve Bank governor Michele Bullock appears before MPs on interest rates, inflation and economy The RBA has suggested the Government’s scheme, allowing a five percent deposit for a first home, will push up prices. Stephen Johnson The Nightly 6 Min Read 22 Sep 2025 Updated 22 Sep 2025 Comments Reserve Bank of Australia Governor Michele Bullock is appearing before a parliamentary hearing in Canberra. Credit: MICK TSIKAS / AAPIMAGE The Reserve Bank has suggested Labor’s scheme to enable all first-home buyers to get into the market with a five per cent deposit will only push up prices. Governor Michele Bullock has told a parliamentary hearing in Canberra the supply of new housing was failing to keep pace with demand, and suggested help for all property newcomers from next month would only spur more demand. She also warned that Australia’s key cash delivery company is under financial pressure and suggested the nation was less innovative as the banks focused on home instead of business lending. Sign up to The Nightly's newsletters. Get the first look at the digital newspaper, curated daily stories and breaking headlines d…

The RBA's perfect bluff | The Spectator Australia Flat White Bradley McHugh 9 July 2025 10:54 AM 9 July 2025 10:54 AM When Reserve Bank of Australia Governor Michele Bullock and her board chose to hold the cash rate steady at 3.85 per cent, the market’s collective gasp was almost audible. After all, a 95 per cent probability had been priced in for a rate cut, making the decision to pause feel, to some, like a breach of an unspoken contract between central bankers and market expectations. Yet, in the world of monetary policy, certainty is a luxury rarely afforded – and, more importantly, often dangerous. Monetary policy is as much about psychology as it is about numbers. The expectations of households, businesses, and investors shape economic outcomes just as powerfully as actual interest rate moves. In this sense, central banking is not unlike a high-stakes game of poker. The best poker players never reveal their hands too early, nor do they always play as the table expects. To do so would be to lose their edge, allowing opponents to dictate the game. Former Federal Reserve Chair Ben Bernanke, once famously said, ‘I think monetary policy is 98 per cent talk and 2 per cent …

Finally, an interest rate reprieve – but a ceasefire in the Middle East doesn’t have the RBA popping champagne yet <p>Governor Michele Bullock delivers a strong message after the Reserve Bank holds the cash rate at 4.35%, ending a run of three rises</p><ul><li><p><a href="https://www.theguardian.com/australia-news/2026/jun/16/rba-interest-rate-announcement-decision-cash-rates-economy-unemployment-inflation">RBA interest rates: Reserve Bank holds official cash rate at 4.35%</a></p></li><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p>It will take more than a ceasefire in the Middle East to prevent the Reserve Bank from hiking interest rates again.</p><p>That was the <a href="https://www.theguardian.com/australia-news/2026/jun/16/rba-interest-rate-announcement-decision-cash-rates-economy-unemployment-inflation">strong message from the RBA governor, Michele Bullock</a>, after the central bank held its cash rate at 4.35%, putting an end to a run of …

Reserve Bank meets with rates tipped to stay on hold - CommBank Articles////Reserve Bank meets with rates tipped to stay on hold The Reserve Bank is widely expected to keep the cash rate on hold this week, with Commonwealth economists predicting the next move could be a cut in 2027. By AAP & CBA Newsroom 15 June 2026 A majority of economists are tipping interest rates to remain on hold as the Reserve Bank begins deliberations. The bank's board will begin two days of talks on Monday to determine whether the official cash rate will remain steady at 4.35 per cent. Reserve Bank governor Michele Bullock will announce the board's decision on Tuesday afternoon. Despite persistent economic pressures from the Middle East conflict and inflation levels above the bank's preferred target range, a hold is considered likely. A Reuters survey of 45 economists found 42 expected the bank would leave rates unchanged. If the predictions hold, it will be the first time in 2026 the bank's board has not raised interest rates, following three consecutive increases in the first half of the year. More than half of the economists surveyed by Reuters expected the…