Reserve Bank of Australia leaves cash rate unchanged amid hotly contested federal election campaign
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The Reserve Bank of Australia has left rates on hold at 4.1% in a widely anticipated decision that keeps the independent central bank on the sidelines amid a hotly contested election campaign.
In an accompanying statement that is likely to firm bets for a cut at the next meeting in May, the monetary policy board showed building confidence that inflation is returning to target – even if members remained “cautious about the outlook”.
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Source link : https://www.theguardian.com/australia-news/2025/apr/01/rba-interest-rates-hold-today
Author : Patrick Commins Economics editor
Publish date : 2025-04-01 04:00:00
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