RBA Interest Rate Announcement - February 2022
For your interest please find outlined below a link to the statement by Philip Lowe, Governor summarising the important meeting of the Board of the Reserve Bank of Australia today. Note, the Reserve Bank Board announced it was leaving the cash rate unchanged at 0.1 per cent.
Please click here to view the Statement by Philip Lowe, Governor: Monetary Policy Decision.
Whilst the official rate is unchanged, we're watching closely what the banks do with their rates, as some of Australia's biggest lenders have decided to make changes to their rates regardless of official interest rate moves by the RBA.
As always, please don't hesitate to get in touch by return email or phone the office on tel: (08) 8357 3999 if you would like to discuss recent rate movements or if you would like to review your finance options. Alternatively, visit the website if you would prefer to book an appointment directly.
Kind Regards,
MBA Financial Strategists Pty Ltd
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