Reserve Bank prepared to reduce Australia’s record-low interest rates further, though he signaled that the economy could in fact be through the worst of its slowdown.
the Board decided to leave the cash rate unchanged at 1.00 per cent.
national vacancy rates in the second quarter 2019 were 6.8 percent for rental housing and 1.3 percent for homeowner housing.
Gate Avenue is struggling to attract tenants as retail suffers
U.S. economy expanded at a modest pace with job gains slowing somewhat and inflation remaining stable or slightly weaker
inflation has been running below the Federal Open Market Committee's (FOMC) symmetric 2 percent objective, and crosscurrents, such as trade tensions and concerns about global growth, have been weighing on economic activity and the outlook.
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.
Canada policy makers will keep the benchmark overnight rate at 1.75% in a decision at 10 a.m. in Ottawa,
Reserve Bank of Australia decided to lower the cash rate by 25 basis points to 1.00 per cent.
New Zealand the Official Cash Rate (OCR) remains at 1.5 percent