RBA Holds Cash Rate Steady as Inflation Cools—Rate Cuts Ahead?
The Reserve Bank of Australia (RBA) maintained the official cash rate (OCR) constant at 4.35% at its September meeting, as expected by all 42 economists polled for Finder’s RBA Cash Rate Survey. With inflation continuing over the 2-3% goal zone, Australia’s central bank chose not to slash rates like the US. However, since numerous major …
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