{"id":54528,"date":"2008-08-05T14:28:29","date_gmt":"2008-08-05T04:28:29","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2008\/08\/05\/fnarena-alert-rate-remains-unchanged-for-now\/"},"modified":"2008-08-05T14:28:29","modified_gmt":"2008-08-05T04:28:29","slug":"fnarena-alert-rate-remains-unchanged-for-now","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2008\/08\/05\/fnarena-alert-rate-remains-unchanged-for-now\/","title":{"rendered":"FNArena Alert: Rate Remains Unchanged, For Now"},"content":{"rendered":"<p>By Greg Peel<\/p>\n<p>The RBA has elected against cutting the cash rate this month despite clear signs of a rapidly weakening Australian economy. The price of oil has fallen 20%, and if it can continue to do so inflationary pressure will ease across the globe. However it&#8217;s early days, and with a strong terms of trade and pressure from wage claims the RBA will likely await the September CPI before being convinced that a cut can be afforded.<\/p>\n<p>The clue may be in the accompanying statement. More to follow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The RBA today decided to leave its cash rate at 7.25%.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[21],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/54528"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=54528"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/54528\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=54528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=54528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=54528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}