RBA cuts cash rate to 3.85%
By Sophia Rodrigues
Published On 20 May 2025 , 02:48 PMThe Reserve Bank of Australia lowered the cash rate by 25bps to 3.85%, citing continued easing in inflation as reflected in the March quarter CPI data.
The statement implied more cuts are possible as underlying inflation is now expected to be around the midpoint of the 2-3% range through most of the forecast period.
In a severe downside scenario, the RBA said it is well placed to respond decisively to international developments if they were to have material implications for activity and inflation in Australia.
LATEST SNIPPETS
AOFM sells May 2032 at 1.0098% vs 1.17% at last tender
The AOFM has sold A$2.0 billion of 1.25% May 2032 government bond at a weighted average issue yield of 1.0098%,...
Published on : 17 Jun 2020 , 11:06 AMAOFM tender amounts for next week same as this week
The AOFM has announced tenders for next week, totaling A$4.0 billion of bonds and A$3.0 billion o...
Published on : 12 Jun 2020 , 12:08 PMAOFM sells Dec 2030 at 1.08% vs May 13 syndication yield 1.025%
The AOFM has sold A$2.0 billion of 1.0% December 2030 government bond at a weighted average issue yield of...
Published on : 10 Jun 2020 , 11:04 AMWill RBA announce bond-buying today?
All eyes on the RBA at 11:15am this morning for any announcement on bond-buying given three-year government bond yiel...
Published on : 10 Jun 2020 , 10:45 AMAOFM sells Nov 2024 bond, Yld up vs last tender
The AOFM has sold A$2.0 billion of 0.25% November 2024 government bond at a weighted average issue yield of 0.38...
Published on : 09 Jun 2020 , 11:05 AMAOFM cuts bond tenders next week; T-Note intact
The AOFM has announced tenders for next week, totaling A$4.0 billion of bonds and A$3.0 billion o...
Published on : 05 Jun 2020 , 12:18 PMAOFM sells 2032 bond at 1.17% vs March record 0.8185%
The AOFM has sold A$1.0 billion of 1.25% May 2032 government bond at a weighted average issue yield of 1.17%, hi...
Published on : 05 Jun 2020 , 11:06 AMAOFM sells April 2023 bond at 0.2496%
The AOFM has sold A$2.0 billion of 5.5% April 2023 government bond at a weighted average issue yield of 0.2496%,...
Published on : 03 Jun 2020 , 11:04 AMAustralia Q1 GDP seen -0.3%q/q but don't rush to declare recession
Based on forecasts from the big four banks, the median for Q1 GDP is -0.3% q/q (ANZ -0.2%, CBA -0.3%, NAB -0.1%, West...
Published on : 02 Jun 2020 , 10:39 PMAOFM sells A$2.0B of Nov 2029 at 0.8691%
The AOFM has sold A$2.0 billion of 2.75% November 2029 government bond at a weighted average issue yield of...
Published on : 02 Jun 2020 , 11:05 AM