Rates on hold at RBA as inflation 'peaks'
Inflation is at 4.9% and is expected to be in the RBA target range of 2-3% by 2025.
RBA Governor Philip Lowe presided over his final board meeting.
In leaving official interest rates on hold at 4.10% today the Reserve Bank of Australia says it believes that inflation has reached its peak and that economic growth has slowed.
In Governor Philip Lowe’s final board meeting before handing over to his successor Michelle Bullock, the RBA has
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