Reserve Bank leaves cash rate at 4.35% for ninth consecutive meeting Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has denied Australian borrowers a pre-Christmas bonus, leaving interest rates on hold for a ninth consecutive meeting.The RBA’s decision to leave the cash rate at its 13-year high of 4.35% level, announced on Tuesday, was widely expected by pundits and financial markets alike. Continue reading…
Source link : https://www.theguardian.com/australia-news/2024/dec/10/rba-interest-rates-hold-inflation-michelle-bullock
Author : Peter Hannam Economics correspondent
Publish date : 2024-12-10 03:30:31
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No Christmas gift for Australian borrowers as RBA leaves interest rates on hold
