At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.60 per cent. Inflation has continued to moderate. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring aggregate demand and potential supply closer towards balance. In the June […]
The post (RBA) Statement by the Reserve Bank Board: Monetary Policy Decisions appeared first on Action Forex.
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