Australia Reserve Bank News 2025. The reserve bank of australia will “be cutting rates significantly” in 2025 and 2026, the chief economist at a major bank has predicted as the central bank gains “confidence” that. When money goes from one bank to another, say when you pay a bill to somebody who banks with a different bank, the money comes through the reserve bank.
Australia’s central bank cut its key interest rate on tuesday (feb 18) for the first time in more than four years, but warned global turmoil could derail further easing. The reserve bank of australia sets the cash rate target, which influences how much people with mortgages need to pay their banks.
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