RBA Cash Rate History to January 2009

RBA Cash Rate History to January 2009

The Reserve Bank of Australia, RBA, moved to yet again lower the cash rate following the board meeting today.

The attached graph illustrates the cash rate movement since January 1990 down to today’s announced 4.25 percent.

Since the next RBA meeting is not until the 3rd February 2009 the cash rate should remain at 4.25 percent for the next 2 months at least.

The last time the cash rate was this low was between December 2001 and May 2002 when the rate increased 0.25 to 4.50 percent.

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