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Governors of the Reserve Bank of Australia: 1 H. C. Coombs: January 1960 July 1968 [9] [14] 2 Sir John Phillips: KBE: July 1968 July 1975 [9] [15] 3 Sir Harold Knight: KBE, DSC: July 1975 August 1982 [9] 4 Bob Johnston: AC: August 1982 July 1989 [9] 5 Bernie Fraser: September 1989 September 1996 [9] 6 Ian Macfarlane: AC: September 1996 ...
The RBA Board meets regularly, and following each meeting, a media release is issued at 2:30 pm Sydney Time announcing any changes to the Cash Rate Target, which take effect the next day. [2] They meet eight time a year as of 2024 instead of 11 in prior years. Previously they would meet the first Tuesday of the month excluding January.
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In Australia, the Reserve Bank of Australia sets the bank rate, known as the official cash rate. [4] Until 2024, the board would meet eleven times per year to review and set the cash rate. In 2023, it was announced that the board would meet only eight times, excluding the months of April, July, and October from it's meeting schedule.
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See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
This is a list of countries by annualized interest rate set by the central bank for charging commercial, ... 25 September 2024 [43] 3.30 3.20
The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...