The Reserve Bank of Australia isn’t committed to any course of action on interest rates with Gov. Michele Bullock cautioning that easing policy too quickly may stoke a fresh wave of inflationary pressures.

The Reserve Bank of Australia on Tuesday cut its cash rate by 25 basis points to 4.10% following a monthly policy meeting.

The Reserve Bank of Australia on Tuesday cut benchmark interest rates for the first time in over four years, joining ranks with other major global central banks, as softening inflation allows room for easing policy.

Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools.

Australia's central bank cut interest rates on Tuesday for the first time since the depths of the 2020 pandemic, saying progress had been made on inflation though it was still cautious about prospects of further policy easing.

Three of the big four banks cut interest rates within minutes of the RBA decision on Tuesday. Here’s why they reacted so fast.

Australia’s central bank delivered its first interest rate cut. But Reserve Bank of Australia Governor Michele Bullock warned it won’t ease as aggressively as markets anticipate. The RBA lowered its cash rate by a quarter-percentage point to 4.

The Reserve Bank has cut rates, but deeper structural issues remain. Will economic policy shifts be enough to prevent long-term stagnation?

All four of Australia's major banks make their announcement just minutes after the RBA made its decision public.