Reserve bank leaves interest rate on hold at 4.35% with borrowers left waiting for relief
RBA keeps cash rate steady amid stubborn inflation and an economy that has all but stalledFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralia’s borrowers have been given another reprieve, with the Reserve Bank leaving its key interest rate on hold for a fifth consecutive board meeting.As expected by economists, the RBA held its cash rate unchanged at its 12-year high of 4.35% at the conclusion of a two-day meeting that wrapped up on Tuesday afternoon. Continue reading...
RBA keeps cash rate steady amid stubborn inflation and an economy that has all but stalled
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- Get our morning and afternoon news emails, free app or daily news podcast
Australia’s borrowers have been given another reprieve, with the Reserve Bank leaving its key interest rate on hold for a fifth consecutive board meeting.
As expected by economists, the RBA held its cash rate unchanged at its 12-year high of 4.35% at the conclusion of a two-day meeting that wrapped up on Tuesday afternoon. Continue reading...
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