Reserve Bank holds rates steady, cautious about the economic outlook
- Written by John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
The Reserve Bank of Australia left its benchmark interest rateunchanged at 4.1% today, stressing the uncertainty in the economic outlook.
As the Reserve Bank Governor Michele Bullock told a media conference, “since February there has been a lot more uncertainty introduced in the international context”.
The on-hold decision was widely exp...
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