RBA hits the pause button
Governor Philip Lowe holds cash rate target steady at 3.6% this month, but keeps further hikes on the table.
RBA governor Philip Lowe.
Jonathan Mitchell
Tue, 04 Apr 2023
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Rich List
The Reserve Bank of Australia has decided to hit pause on further rate hikes – for now – as it takes time to assess the economic outlook and the increases so far.
It left the cash rate target at 3.6%, following successive increases since May last year to cool the economy and bring inflation back
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Jonathan Mitchell
Tue, 04 Apr 2023
Contact the Writer: jmitchell@nbr.co.nz
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RBA hits the pause button
Economics,
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