The first half of 1987/88 — both before and after the October share-market crash — was characterised by an almost universal failure to recognise the underlying strength of world economic growth. As forecasters were starting to raise their estimates, the sharp fall in equity values revived earlier fears of a general … See more Correction of the continuing substantial deficit in the current account of the balance of payments is central to Australia's economic … See more The Bank faced some complexities in formulating and carrying out monetary policy during 1987/88. They arose from changing views of the … See more WebSince 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2024.
Interest rates rise for first time since 2010 and RBA governor …
WebMar 5, 2024 · Mar 5, 2024 – 3.45pm. The Reserve Bank is expected to lift the cash rate for the tenth consecutive time to a decade-high 3.6 per cent on Tuesday in a move that could … Web1 day ago · The central bank put a pause on its aggressive tightening cycle in April after raising the cash rate from 0.1 per cent to 3.6 ... be enough for a May cash rate hike. 'Given the RBA's ... churches gibbon ne
Reserve Bank of Australia raises interest rates to 11-year high
WebApr 4, 2024 · The RBA is still in catch-up mode with respect to matching their cash rate settings to the inflation reality. So RBA bias is still towards tightening over the rest of … WebNov 1, 2024 · 1988; Media Sharing ... Number 2024-36. Date 1 November 2024. At its meeting today, this Board decided to boost the cash judge target by 25 basis score to 2.85 per cent. It also increased the interest rate on Replace Settlement balances by 25 basis points to 2.75 ... The unemployment rate was steady at 3.5 per cent in September, ... WebApr 12, 2024 · At its April 2024 board meeting, the Reserve Bank of Australia (RBA) held the cash rate steady at 3.60%. This pause followed a series of hikes that began in May of … churches georgetown ontario