Rba Interest Rates Today Effect 2025 Forecast

Rba Interest Rates Today Effect 2025 Forecast. The reserve bank sets the target ‘cash rate’, which is the market interest rate on overnight funds. The typical owner would be $62,000 wealthier by the end of the year if.

The reserve bank will have sufficient comfort that high inflation has been defeated and cut interest rates in the first half of 2025, but relief for borrowers may not arrive until after. The reserve bank of australia has cut the cash rate by 25 basis points to 4.10 at today’s meeting, with banks and lenders around the country likely to cut their own home loan.