Conrad Vass reports the RBA held the official cash rate at 4.1% in April. Inflation eased to 2.4%, within the RBA's target band, and unemployment stayed at 4.1%. The decision reflects caution over U.S. trade policy and domestic factors like the upcoming federal election.
The Reserve Bank of Australia has kept the cash rate on hold. It's Conrad Vass, your real estate advisor. The Reserve Bank of Australia has kept the cash rate on hold at 4.1% despite the announcement on the 26th of March that inflation eased to 2.4%, well within the RBA's target range. This decision was widely expected, with economists pointing to the RBA's cautious stance given ongoing global uncertainty, including the impact of US trade policy. The upcoming federal election, steady unemployment at 4.1%, and recent federal budget announcement. By holding the rate, the RBA is aiming to maintain a balance between keeping inflation in check and supporting broader economic stability.
Surry Hills Shop & Basement For Lease | 68 Campbell Street Walkthrough 134 sqm Surry Hills Shop Tour
