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Reserve Bank of Australia leaves its cash rate unchanged at 4.1%, as widely expected

Headlines via Reuters: Some further tightening of monetary policy may be requiredBoard remains resolute in its determination to return inflation to the targetRecent data are consistent with inflation returning to the target range over the forecast horizonHigher interest rates are working to establish a more sustainable balance between supply and demand in the economyInflation in Australia has passed its peak but is still too high and will remain so for some time yet.Timely indicators on inflatio... Read More

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Content Topics

Reserve

Bank

Australia

Leaves

Cash

Rate

Unchanged

Widely

Expected

Forex

Posted: Oct 3 2023, 03:30

Author Name: forexlive

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