All posts in " Reserve Bank of Australia "

Australia Lowers Rate to Historic Low of 1%

By admin / July 3, 2019

The Reserve Bank of Australia has cut the official cash rate for the second month in a row to 1%. As we head into the turning point of the Economic Confidence Model come January 2020, the unemployment rate increased to 5.2% in April. GDP growth remains very low at 0.4%, wage growth is sluggish, inflation […]