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Australian Reserve Bank holds rates at 4.35%

Tue, 06 Aug 2024

The Reserve Bank of Australia has left official interest rates on hold at 4.35% for the sixth consecutive meeting.
The decision was expected and the bank continued to warn of the risk of persistent inflation and the need for rates to stay higher for longer.
Last week’s inflation data showed the

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Australian Reserve Bank holds rates at 4.35%
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