The Reserve Bank of Australia today as expected kept its policy rate unchanged at 4.1.%. According to the RBA ‘the higher interest rates are working to establish a more sustainable balance between supply and demand in the economy and will continue to do so’. This leaves the RBA further time to assess incoming data. The Australian economy is experiencing a period of below-trend growth and this is expected to continue for a while.
Australia s interest rate unchanged at 4 1 pct for 3rd month-Xinhua
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Australia s interest rate unchanged at 4 1 pct for 3rd month
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RBA keeps rates steady, offers no surprises in Lowe s final meeting By Investing com
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Australia s interest rate unchanged at 4 1 pct for 3rd month
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