{"id":44535,"date":"2023-09-05T18:03:56","date_gmt":"2023-09-05T06:03:56","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=44535"},"modified":"2023-09-05T18:03:56","modified_gmt":"2023-09-05T06:03:56","slug":"interest-rates-on-hold-at-4-1pc-for-third-straight-month-watch","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/interest-rates-on-hold-at-4-1pc-for-third-straight-month-watch\/","title":{"rendered":"Interest rates on hold at 4.1pc for third-straight month | WATCH"},"content":{"rendered":"<p><strong>PHOTO: Today&#8217;s board meeting also marked the end of RBA Governor Philip Lowe&#8217;s seven-year term. FILE<\/strong><\/p>\n<p><a href=\"https:\/\/propertynoise.co.nz\/au\/?s=The+Reserve+Bank&amp;submit=Search\">The Reserve Bank<\/a> has maintained a steady course by keeping interest rates at 4.1 percent for the third consecutive month. However, they have signaled the possibility of further rate hikes to ensure inflation remains within manageable bounds. This decision leaves the cash rate at its highest point since April 2012, marking the fourth pause in the RBA&#8217;s ongoing rate-increase campaign, which commenced in May 2022.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"eEr0WSNOn5\"><p><a href=\"https:\/\/propertynoise.co.nz\/au\/why-the-reserve-bank-and-government-are-in-no-mood-to-rein-in-property-prices\/\">Why the Reserve Bank and government are in no mood to rein in property prices<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cWhy the Reserve Bank and government are in no mood to rein in property prices\u201d \u2014 Property News Australia\" data-src=\"https:\/\/propertynoise.co.nz\/au\/why-the-reserve-bank-and-government-are-in-no-mood-to-rein-in-property-prices\/embed\/#?secret=O5ivE87B3F#?secret=eEr0WSNOn5\" data-secret=\"eEr0WSNOn5\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>Today&#8217;s board meeting also marked the end of RBA Governor Philip Lowe&#8217;s seven-year term, with his tenure concluding next week. Michele Bullock, the current Deputy Governor of the RBA, is set to assume the role on September 18.<\/p>\n<p><iframe title=\"Interest rates on hold at 4.1pc for third-straight month | ABC News\" width=\"1380\" height=\"776\" data-src=\"https:\/\/www.youtube.com\/embed\/ZA9wACRjcNc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"0\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Today&#8217;s board meeting also marked the end of RBA<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/interest-rates-on-hold-at-4-1pc-for-third-straight-month-watch\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":13722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478118747,478098521,478127093,478105066,478127092,478127096,478127090,478098522,478122359,478098756,478098543,478103923,478098579,478098510,478127095,478127091,478099685,478098509,478098888,478127094,478099375],"class_list":["entry","author-data123nz","post-44535","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australian-interest-rates","tag-australians","tag-board-meeting","tag-cash-rate","tag-deputy-governor","tag-economic-news","tag-inflation-control","tag-interest-rates","tag-michele-bullock","tag-mortgage-rates","tag-mortgages","tag-philip-lowe","tag-property-market","tag-property-news","tag-rate-increases","tag-rate-hiking-cycle","tag-rba-governor","tag-real-estate-news","tag-reserve-bank","tag-term-end","tag-the-reserve-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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