Interest Rates

On 2 February both the Reserve Bank of Australia (RBA) and the US Federal Reserve announced their latest interest rate decisions.

In Australia the RBA decided to leave the cash rate unchanged at 5.25%. Analysts expects a slight rise, probably just 0.25% within coming months.

On the other hand, the US Federal Reserve has raised interest rates for the 6th straight time to 2.25%. Analysts expect the US rates to move gradually up to around 4%.

For information on this article, or on any other aspect of the Australian economy or business opportunities available, please email me.

David
editor@agarcarlyon.com