Negative interest rates occur when prices begin to start dropping to low levels as the value of a nation's currency increases. At these times, central banks may resort to negative interest rates. The ...
The RBA has maintained the Official Cash Rate (OCR) steady at 4.35% since November 2023, claiming inflation needs to “sustainably” return to its target band of 2% - 3% before considering a rate cut.
All eyes will be on the release of new inflation data today as the Government seeks to manage expectations of a February ...