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Murray Olds: Australian correspondent on the Australian Reserve Bank moving to keep the OCR on hold

Murray Olds: Australian correspondent on the Australian Reserve Bank moving to keep the OCR on hold

Heather du Plessis-Allan Drive · Newstalk ZB

August 6, 20243m 50s

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Show Notes

The Australian Reserve Bank has moved to leave rates on hold at 4.35 percent.

Figures from the June quarter showed inflation has stayed in line with market expectations - but the bank is holding on before making bigger moves.

Australian correspondent Murray Olds says Australians are still on edge, as a cut is unlikely to happen until early 2025.

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Topics

AustraliaOCRmoneyeconomy