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Australia s cbank tapers QE but affirms low rates outlook Reuters 17 hrs ago By Swati Pandey and Wayne Cole © Reuters/David Gray FILE PHOTO: Pedestrians walk past the main entrance to the Reserve Bank of Australia head office in central Sydney, Australia By Swati Pandey and Wayne Cole SYDNEY (Reuters) -Australia s central bank on Tuesday took its first step towards tempering its massive stimulus as employment proves far stronger than previously expected, although actual rate hikes remain a distant prospect. The Reserve Bank of Australia (RBA) held the cash rate at a record low 0.1% in a widely expected move and reiterated the need for the setting to remain unchanged until 2024 to help spark wage and inflation pressures.

New zealandNew south walesSam holmesSwati pandeyPhilip loweAnthony doyleWayne coleShane oliverFidelity internationalReserve bankDavid grayGovernor philip loweபுதியது ஜீலாந்துபுதியது தெற்கு வேல்ஸ்சாம் ஹோம்ஸ்சுவாதி பாண்டே