Australia's Central Bank Stands Firm on Restrictive Monetary Policy
The Reserve Bank of Australia maintains a restrictive monetary policy to manage inflation, with a cautious approach to future data before considering policy relaxation.
The Reserve Bank of Australia maintains a restrictive monetary policy to manage inflation, with a cautious approach to future data before considering policy relaxation.
The Reserve Bank of Australia (RBA) decided to keep rates steady, maintaining the cash rate at 4.35% and the interest rate on Exchange Settlement balances at 4.25%. The RBA's polic...