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Howitt Partners Mortgage & Finance

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13.01.2022 The RBA continues to maintain the current Cash Rate, staying at 0.25%: The global economy is experiencing a severe contraction as countries seek to contain the... coronavirus. Even though the worst of this contraction has now passed, the outlook remains highly uncertain. The recovery is expected to be only gradual and its shape is dependent on containment of the virus. While infection rates have declined in some countries, they are still very high and rising in others. International trade remains weak, although there has been a strong recovery in industrial activity in China over recent months. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision: https://www.rba.gov.au/media-releases/2020/mr-20-18.html

09.01.2022 The RBA continues to maintain the existing Cash Rate, holding at 0.25%: The global economy has experienced a severe downturn as countries seek to contain the c...oronavirus. Many people have lost their jobs and there has been a sharp rise in unemployment. Leading indicators have generally picked up recently, suggesting the worst of the global economic contraction has now passed. Despite this, the outlook remains uncertain and the recovery is expected to be bumpy and will depend upon containment of the coronavirus. Over the past month, infection rates have declined in many countries, but they are still very high and rising in others. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision: https://www.rba.gov.au/media-releases/2020/mr-20-17.html

08.01.2022 The RBA continues to hold the Cash Rate at 0.25%: The global economy is gradually recovering after a severe contraction due to the pandemic. However, the recov...ery is uneven and its continuation is dependent on containment of the virus. While infection rates have declined in some countries, they have increased in others. The recovery is most advanced in China, where conditions have improved substantially over recent months. Globally, inflation remains very low and below central bank targets. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision: https://www.rba.gov.au/media-releases/2020/mr-20-24.html See more

03.01.2022 The RBA makes no change to the current Cash Rate, holding at 0.25%: Globally, an uneven economic recovery is under way after a very severe contraction in the fi...rst half of 2020. The future path of that recovery is highly dependent on containment of the virus. High or rising infection rates have seen a recent loss of growth momentum in some economies. By contrast, in China, economic growth has been relatively strong. In financial markets, volatility is low and the prices of many assets have risen substantially despite the high level of uncertainty about the economic outlook. Bond yields remain at historically low levels. The US dollar has depreciated against most currencies over recent months. Given this and higher commodity prices, the Australian dollar has appreciated, to be around its highest level in nearly two years. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision: https://www.rba.gov.au/media-releases/2020/mr-20-20.html #rba #cashrate

03.01.2022 The RBA has committed to holding the existing Cash Rate, staying at 0.25%: The global economy is experiencing a severe downturn as countries seek to contain the... coronavirus. Many people have lost their jobs and there has been a sharp rise in unemployment. Over the past month, infection rates have declined in many countries and there has been some easing of restrictions on activity. If this continues, a recovery in the global economy will get under way, supported by both the large fiscal packages and the significant easing in monetary policies. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision. https://www.rba.gov.au/media-releases/2020/mr-20-15.html #rba #cashrate