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RBA Poised for Third Rate Cut as Economic Headwinds Persist
The Reserve Bank of Australia is anticipated to deliver another interest rate reduction at its July 8, 2025, board meeting, continuing its accommodative monetary policy stance initiated earlier this year. Should the central bank proceed as expected, this would represent the third consecutive easing cycle, following cuts implemented in February and May that reduce the official cash rate to its current level of 3.85%.
RBA Interest Rate Decisions: What They Mean for Australian Homeowners and Businesses
Every month, Australian homeowners and business owners anxiously await the Reserve Bank of Australia (RBA) interest rate decision. Headlines scream "RBA Cut/Increase!" but what does this actually mean for your finances?