RBA decisions · 1991

RBA interest rate decisions in 1991

In 1991, the RBA made 11 cash rate decisions: 4 cuts and 7 holds. The cash rate target moved from 12.00% to 8.50%, down 3.50 percentage points.

Cash rate target in 1991

Source: Reserve Bank of Australia, cash rate target.

Official record

Every 1991 decision

Date	Decision	New target	Change	Details
5 Feb 1991	hold	12.00%	No change	Decision page
5 Mar 1991	hold	12.00%	No change	Decision page
3 Apr 1991	cut	11.50%	−50 bp	Decision page
15 May 1991	cut	10.50%	−100 bp	Decision page
13 June 1991	hold	10.50%	No change	Decision page
2 July 1991	hold	10.50%	No change	Decision page
30 July 1991	hold	10.50%	No change	Decision page
2 Sept 1991	cut	9.50%	−100 bp	Decision page
1 Oct 1991	hold	9.50%	No change	Decision page
5 Nov 1991	cut	8.50%	−100 bp	Decision page
3 Dec 1991	hold	8.50%	No change	Decision page