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Published 28 days ago

Reserve bank leaves interest rate on hold at 4.35% with borrowers left waiting for relief

Summary by The Guardian
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 but retaining the option of a further rate hike if needed.As expected by econo…

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