RBA stands pat, still not ruling anything in or out

RBA maintained its cash rate at 4.35% today, as expected, while underscoring that inflation risks remain a concern. In its statement, RBA noted that although headline inflation has declined and is projected to stay lower in the short term, it considers underlying inflation as “more indicative” of inflation trends, and this measure remains “too high.” […]

The post RBA stands pat, still not ruling anything in or out appeared first on Action Forex.