Forex Fundamentals
RBA Interest Rate Decision

RBA Interest Rate Decision 3 May 2016

RBA Interest Rate Decision 3 May 2016: 1.75%, below the 2% forecast and down from 2% in April 2016. It is the lowest of the last 12 releases. 1 of the last 12 releases came in below the forecast. It was released on Tue 3 May 2016 at 04:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Reserve Bank of Australia. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
1.75%
Forecast
2%
The market consensus
Previous
2%
As the source gives it

What a print like this usually does

Below the forecast: A rate below expectations can sharply weaken the Australian dollar by signalling a more dovish policy path.

RBA Interest Rate Decision 3 May 2016: 1.75% against a 2% forecast, with the last 12 releases
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Cite this release

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RBA Interest Rate Decision 3 May 2016: 1.75% vs 2% forecast (Reserve Bank of Australia). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/rba/2016-05-03

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
3 May 2016—1.75%2%2%
5 Apr 2016—2%2%2%
1 Mar 2016—2%2%2%
2 Feb 2016—2%2%2%
1 Dec 2015—2%2%2%
3 Nov 2015—2.0%2%2.0%
6 Oct 2015—2.0%2%2.0%
1 Sep 2015—2.0%2%2.0%
4 Aug 2015—2.0%2%2.0%
7 Jul 2015—2.0%2%2.0%
2 Jun 2015—2.0%2.0%2.0%
5 May 2015—2.0%2%2.25%
The release before:RBA Interest Rate Decision 5 April 2016The release after:RBA Interest Rate Decision 7 June 2016RBA Interest Rate Decision: every recent resultThis week’s economic calendar