Property Surge Might Force the RBA to raise Interest Rates.
The RBA is extending it’s QE program, surprising no-one.
The RBA is following the FED with Australian Quantitative Easing Heading to the Moon.
The Banks have not passed on the Interest Rates Cuts for most Mortgage Holders.
The RBA has released the Annual Snapshot of the Australian Economy.
Most Mortgage Loan Repayments Haven’t Resumed
Philip Lowe has hinted that the RBA will Cut Rates.
#RBA #InterestRate #CashRate The RBA has kept the cash rate unchanged at 1.00%. While our Reserve Bank Governor, Philip Lowe, states that the global economy remains reasonable and predicts growth for Australia, I am wondering if he is in a Monetarism bubble? References https://rba.gov.au/media-releases/2019/mr-19-20.html