Published 1 month ago

Australia's central bank holds rates as expected, waters down tightening bias

The RBA Board stated that the path of interest rates to control inflation remains uncertain.
Previously, a further interest rate increase was not ruled out.
The Board is open to various options to address inflation and return it to target levels.

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Reuters

Australia's central bank holds rates as expected, waters down tightening bias

Australia's central bank held interest rates steady on Tuesday and watered down its tightening bias, signalling greater confidence that inflation is moving back to its target as the economy slows.

1 month ago·United Kingdom

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Sydney Morning Herald

RBA scraps explicit warning on rate rises but inflation war not over yet

The RBA kept rates at 4.35 per cent on Tuesday. But a key change to the statement explaining its decision convinced financial markets to price in a winter rate cut.

1 month ago·Sydney, Australia

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ABC Australia

RBA keeps interest rates on hold at 4.35pc but says 'it will be some time' before inflation within target band

The Reserve Bank has left interest rates on hold amid signs that growth in the economy has dramatically slowed down following 13 interest rate rises since May 2022.

1 month ago·Australia

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Globo

Australia: Central Bank keeps basic interest rate unchanged at 4.35% per year

1 month ago·Brazil

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RTÉ

Australia's central bank holds rates as expected

Australia's central bank held interest rates steady today and watered down its tightening bias, signalling greater confidence that inflation is moving back to its target as the economy slows.

1 month ago·Ireland

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