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Taaza Update: RBA holds cash rate at 4.35% as Bullock says future rate hikes are possible
Published 2 weeks ago
Description
The Reserve Bank has kept the cash rate unchanged at 4.35 per cent following its board meeting today, with the RBA deciding not to make any changes to interest rates. Economic indicators remain mixed, with house prices falling across the country and consumer spending data showing a mixed picture. RBA Governor Michelle Bullock says inflation is expected to return to the target range by the end of 2027.