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RBA's early Christmas present for borrowers: rates on hold

While keeping rates unchanged today the central bank has not ruled out further hikes next year.

The RBA last raised rates in November in the most rapid tightening in its history.

The Reserve Bank of Australia has cited moderating inflation in today’s decision to keep official interest rates on hold and says the impact of higher rates is still flowing through to the economy.

At today’s meeting the RBA board decided to keep official rates on hold at 4.35%, a move which was

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Lachlan Colquhoun Tue, 05 Dec 2023
Contact the Writer: lachlan@nbr.co.nz
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RBA's early Christmas present for borrowers: rates on hold
Australia,
102004