Rba Interest Rates May 2025. It was the first cut since the rba commenced its monetary tightening cycle in may 2022 and took the ocr down to 4.10%. As expected, the rba has cut interest rates for the first time since the covid pandemic in 2020, saying progress has been made on inflation though it struck a hawkish tone.
The rba governor speaks during a news conference at the bank’s head office in sydney, australia, on tuesday, feb. The rba cut the cash rate to 4.1 per cent in a move that was widely anticipated by markets and the major banks after more than a year of rates being on hold at 4.35 per cent.