Statement By Philip Lowe, Governor: Monetary Policy Decision Number 2019-18 Date 2 July 2019 At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.00 per cent. This follows a similar reduction at the Board’s June meeting. This easi

Statement by Philip Lowe, Governor:Monetary Policy Decision Number 2019-15 Date 4 June 2019 At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.25 per cent. The Board took this decision to support employment growth and provide greater

Statement by Philip Lowe, Governor:Monetary Policy Decision Number 2019-11 Date7 May 2019 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The outlook for the global economy remains reasonable, although the risks are tilted to the do

Statement by Philip Lowe, Governor:Monetary Policy Decision Number2019-07 Date2 April 2019 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The outlook for the global economy remains reasonable, although growth has slowed and downsid

Statement by Philip Lowe, Governor: Monetary Policy Decision Number 2019-05 Date 5 March 2019 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy grew above trend in 2018, although it slowed in the second half of the year. The

Statement by Philip Lowe, Governor: Monetary Policy Decision Number 2019-01 Date 5 February 2019 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy grew above trend in 2018, although it slowed in the second half of the year. U

Statement by Philip Lowe, Governor: Monetary Policy Decision Number 2018-31 Date 4 December 2018   At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing and unemployment rates in most advanced econom

Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision Number 2018-27 Date 6 November 2018   At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies

Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision Number 2018-24 Date 2 October 2018 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are grow

Statement by Philip Lowe, Governor: Monetary Policy Decision 4 September 2018 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and u