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Traders are still betting on the Reserve Bank to cut rates at its next meeting, but rising housing costs and low productivity growth will worry the RBA board.

HSBC's Fixed Rate Cash ISA (which requires at least £500) saw its interest rate drop from 4.10% AER to 4.00% AER on May 12, 2025. A Lloyds spokesperson told the Mirror it already has written to ...

HSBC non-Premier customers will see the interest rate on the Loyalty Cash ISA cut (standard rate) from 2.15% to 2.10% from June 3. Meanwhile, the rate on the same ISA (loyalty rate) for non ...

The Reserve Bank of Australia cut the official interest rate for the second time ... The bank lowered the cash rate target by 0.25%, from 4.1% to 3.85%, saying inflation is expected to remain ...

Donald Trump’s trade war has forced the RBA to lower its projections for growth in investment, household spending and exports, as it cut the cash rate again.

Interest rates are heading downwards - to the glee of borrowers, but to the chagrin of the millions who need an income from their savings.

In essence, banks make money by taking deposits and lending money, profiting from the difference in interest rates. Bank shares can be rewarding long-term investments ... Australia (CBA) reported ...

Aussie mortgage holders are still very likely to receive financial relief following the May interest rate call despite ... now indicates that a cut to the cash rate is now warranted," Mr Rynne ...

Johanna Leggatt is the Lead Editor for Forbes Advisor, Australia ... investment. Holding the cash rate steady at this meeting will allow time to assess the impact of the increases in interest ...

Global investment bank JP Morgan perhaps put it best in a note to clients and the media this week titled "Australian CPI: Under control". Domestic inflation does appear to be under control.

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