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RBA leaves the cash rate unchanged at 4.10%

RBA leaves the cash rate unchanged at 4.10%
Prior 4.10%Inflation in Australia has passed its peakBut inflation is still too high and will remain so for some time yetThe Australian economy is experiencing a period of below-trend growthReturning inflation to target within a reasonable timeframe remains the priorityThere are significant uncertainties around the outlookServices price inflation has been surprisingly persistent overseas and the same could occur in AustraliaSome further tightening of monetary policy may be requiredWill continue... Read More
Posted: Sep 5 2023, 04:30
Author Name: forexlive
Views: 102125

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