RBADayRate clarity for Australia

RBA decisions · 2020

RBA interest rate decisions in 2020

In 2020, the RBA made 12 cash rate decisions: 3 cuts and 9 holds. The cash rate target moved from 0.75% to 0.10%, down 0.65 percentage points.

Cash rate target in 2020

RBA cash rate target during 2020, from 0.75% to 0.10%0.00%0.25%0.50%0.75%1.00%Feb 20Apr 20June 20Aug 20Oct 20Dec 20

Source: Reserve Bank of Australia, cash rate target.

Official record

Every 2020 decision

DateDecisionNew targetChangeDetails
4 Feb 2020hold0.75%No changeDecision page
3 Mar 2020cut0.50%−25 bpDecision page
19 Mar 2020cut0.25%−25 bpDecision page
7 Apr 2020hold0.25%No changeDecision page
5 May 2020hold0.25%No changeDecision page
2 June 2020hold0.25%No changeDecision page
7 July 2020hold0.25%No changeDecision page
4 Aug 2020hold0.25%No changeDecision page
1 Sept 2020hold0.25%No changeDecision page
6 Oct 2020hold0.25%No changeDecision page
3 Nov 2020cut0.10%−15 bpDecision page
1 Dec 2020hold0.10%No changeDecision page
2019 decisions 2021 decisions Full cash rate history Download all decisions (CSV)