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RBA leaves the cash rate unchanged at 4.10%
Prior 4.10%Higher rates are working to establish a more sustainable balance between supply and demand in the economy and will continue to do soIn light of this and the uncertainty surrounding the economic outlook, the RBA decided to hold interest rates steady this monthThis will provide some time to assess the impact of rate hikes to date and economic outlookInflation in Australia has passed its peakGrowth in the Australian economy has slowed and conditions in the labour market have easedA signi...
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Posted: Jul 4 2023, 04:30
Author Name: forexlive
Views: 081017