Rates of interest Remain On Hold - RBA October Meeting
Rates of interest Remain On Hold - RBA October Meeting
In the RBA meeting today, the Board are making the decision to leave the money rate unchanged at 2.5 percent.
Car finance This outcome is in-line of global growth running marginally below average this season, with reasonable prospects of the rate of interest increase early next year..
Commodity prices have declined, however remained at optimum levels by historical standards. Inflation in most countries remains stabilised.
Overall, global financial conditions remain very accommodative.Car finance Changes in the outlook for people monetary policy have raised volatility in markets, however long-term rates of interest remain really low while there is sufficient funding available for creditworthy borrowers.
With development in labour costs moderating, this can be likely to remain the truth over the couple years, even with the results of a marginally lower exchange rate.
The RBA determined how the monetary policy implementation remains appropriate. The Board is constantly assess and adjust policy as needed to build development in demand and inflation.
Industry publications forecast Novembers meeting often see an interest rate cut on Melbourne Cup Day.
In the RBA meeting today, the Board are making the decision to leave the money rate unchanged at 2.5 percent.
Car finance This outcome is in-line of global growth running marginally below average this season, with reasonable prospects of the rate of interest increase early next year..
Commodity prices have declined, however remained at optimum levels by historical standards. Inflation in most countries remains stabilised.
Overall, global financial conditions remain very accommodative.Car finance Changes in the outlook for people monetary policy have raised volatility in markets, however long-term rates of interest remain really low while there is sufficient funding available for creditworthy borrowers.
With development in labour costs moderating, this can be likely to remain the truth over the couple years, even with the results of a marginally lower exchange rate.
The RBA determined how the monetary policy implementation remains appropriate. The Board is constantly assess and adjust policy as needed to build development in demand and inflation.
Industry publications forecast Novembers meeting often see an interest rate cut on Melbourne Cup Day.
