<\/p>\n\n\n\n
A Central bank<\/strong> is a national bank <\/strong>that provides financial and banking services for its country\u2019s government and commercial banking system.<\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n One of the special tools used by a Central Bank<\/strong> is Interest\/bank rate <\/strong>adjustments. When a Central Bank<\/strong> sees a need to hike or cut its rates, they simply do so.<\/p>\n\n\n\n <\/p>\n\n\n\n When the economy is growing at a rate that may lead to hyperinflation<\/strong> (monetary inflation occurring at a very high rate) that is when the Central Bank<\/strong> hikes the county\u2019s Interest Rate<\/strong>.<\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Central banks <\/strong>may cut the Interest Rates<\/strong> to encourage people to borrow more money at a lower rate, be it for new houses or businesses. The aim is to also make saving money less attractive as the returns are lower when the rates are cut.<\/p>\n\n\n\n Bank rate 3.60%<\/p>\n\n\n\n Governor Philip Lowe<\/p>\n\n\n\n <\/p>\n\n\n\n Reserve Bank Of Australia\u2019s Cash Rate<\/strong> is released every first Tuesday of the month, excluding January. On the 4th of April, RBA<\/strong> will hold its 3rd meeting of 2023 at 6:30 am (S.A time) to hike the Interest Rates<\/strong> by 25 basis points from the current rate of 3.60% to 3.85%. In May 2022, RBA<\/strong> hiked the Interest Rates<\/strong> by 25 basis points from 0.10% to 0.35% for the first time after a decade of maintaining at 0.10%. <\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Interest Rates<\/strong> are a primary tool that a Central Bank<\/strong> uses to valuate their currency<\/strong>. If their plan is to hike, it strengthens the currency<\/strong> and if their plan is to cut, it weakens the currency.<\/strong> Traders also look for clues in the Monetary Policy <\/strong>summary as it focuses more on the future. <\/p>\n\n\n\n If you wish to learn how to trade Interest Rates<\/strong>, read and understand Central Bank\u2019s Monetary policy <\/strong>and press conferences, send me a WhatsApp at +27 78 144 6851<\/strong> for private lessons, mentorship and coaching. <\/p>\n\n\n\n Thank you for stopping by. To help with your planning, below is the annual schedule of RBA<\/strong>. Please kindly share this post to help me reach out to as many traders as possible who may benefit from this information.<\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n What is A Central Bank? A Central bank is a national bank that provides financial and banking services for its country\u2019s government and commercial banking system. What is the role and function of A Central Bank? One of the special tools used by a Central Bank is Interest\/bank rate adjustments. When a Central Bank sees a need to hike or cut its rates, they […]<\/p>\n","protected":false},"author":1,"featured_media":7820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4],"tags":[56,64,88,103,146,182],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/learnfxtrading.net\/app\/wp-content\/uploads\/2023\/04\/www.learnfxtrading.netAUD-Rates-2023.png?fit=2240%2C1260&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbXWFt-224","_links":{"self":[{"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/posts\/7816"}],"collection":[{"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/comments?post=7816"}],"version-history":[{"count":10,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/posts\/7816\/revisions"}],"predecessor-version":[{"id":7828,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/posts\/7816\/revisions\/7828"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/media\/7820"}],"wp:attachment":[{"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/media?parent=7816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/categories?post=7816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/tags?post=7816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What is the role and function of A Central Bank?<\/strong><\/h4>\n\n\n\n
\n
Why do Central Banks Hike the Interest Rates?<\/strong><\/h4>\n\n\n\n
Why do Central Banks Cut the Interest Rates?<\/strong><\/h4>\n\n\n\n
About The Reserve Bank OF Australia (RBA)<\/strong><\/h4>\n\n\n\n
Why Do We (traders) Care About Interest Rates?<\/strong><\/h4>\n\n\n\n
![\"\"](\"https:\/\/i0.wp.com\/learnfxtrading.net\/app\/wp-content\/uploads\/2023\/04\/RBA-Interest-Rates-2023-dates.png?resize=640%2C464&ssl=1\")
<\/figure>\n","protected":false},"excerpt":{"rendered":"