At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Underlying inflation remains too high. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring […]
The post (RBA) Statement by the Reserve Bank Board: Monetary Policy Decisions appeared first on Action Forex.
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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 Read more…
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