In their first meeting of the new year 2024, the Reserve Bank of Australia announced that the cash rate will be maintained at 4.35%.
The Reserve Bank of Australia raises interest rates by 0.25% in November, bringing the cash rate to 4.35%.
Hold on to Rate Hikes! The Reserve Bank of Australia Announces Continued Cash Rate at 4.1% for October
The Reserve Bank of Australia (RBA) has announced that the cash rate will remain unchanged at 4.1% this month! This marks the third consecutive rate pause since May 2022.
