Cash rate held steady at 12-year high of 4.35% in move widely expected by economists
Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcast
Australian borrowers have been granted another reprieve with the Reserve Bank holding its key interest rate steady for a third meeting in a row as inflation continues to ebb towards its target range.
The RBA board left its cash rate unchanged at a 12-year high of 4.35% after its second two-day gathering of 2024 concluded on Tuesday afternoon. The result was widely expected by economists.
Continue reading…Cash rate held steady at 12-year high of 4.35% in move widely expected by economistsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralian borrowers have been granted another reprieve with the Reserve Bank holding its key interest rate steady for a third meeting in a row as inflation continues to ebb towards its target range.The RBA board left its cash rate unchanged at a 12-year high of 4.35% after its second two-day gathering of 2024 concluded on Tuesday afternoon. The result was widely expected by economists. Continue reading…