When the cash rate increases, lending rates shoot up like rockets, but when the opposite occurs they go down like feathers.
In the battle against slow economic growth, perhaps the government and Reserve Bank should try doing nothing and let the economy restore itself.
The odds are the Fed will raise rates once and the RBA will cut once before the end of the year.
The Fed left interest rates unchanged but said improving economic data means it will likely lift them later this year. We asked two scholars – and ex-Fed officials – if it was the right call.
Just like apes, humans fear the unknown, and that's why there's so much uncertainty this week as markets brace for an interest-rate decision by the Federal Reserve.
The Australian economy continues to deliver mixed, but on the whole positive, signals.
The RBA leaves rates on hold, Australia gets a GDP growth spurt from pre-election spending, and the IMF lays the groundwork for a lowering of global growth expectations.
All in all this was a fairly positive week for global economies.
The 2008 financial crisis exposed major gaps in central banks' operations. New features like quantitative easing have since emerged.
Central banks around the world are struggling with the failure of low (or negative) interest rates to breathe life back into ailing economies.
Independent Senator Nick Xenophon wants the RBA to focus on economic growth, and he's not alone.
The FTSE rebounded after its Brexit shock – but how long will it last?
The challenges ahead for Australia include sustaining a stronger growth outlook.
Lower interest rates will only have the stimulatory effect required if they are passed on to borrowers.
The Bank of England has cut interest rates to a historic low of 0.25% and is injecting further rounds of quantitative easing.
Malcolm Turnbull has announced that the heads of Australia's big four banks will be grilled annually by the House of Representatives economics committee.
Britain's central bank governor Mark Carney is like a prize fighter throwing his last, limp punches.
Malcolm Turnbull has sternly told the banks they should pass on the whole of Tuesday's rate cut - or their chief executives must explain why they are not doing so.
Economists are divided on whether the latest interest rate cut to 1.5% was needed, as the RBA tries to boost inflation and growth.
All economic data is pointing to disappointing global growth.