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Murray Olds: Australian correspondent on the RBA keeping interest rates on hold at 3.6 percent with no cuts in sight

Murray Olds: Australian correspondent on the RBA keeping interest rates on hold at 3.6 percent with no cuts in sight

Heather du Plessis-Allan Drive · Newstalk ZB

November 4, 20255m 20s

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Show Notes

Over in Australia, the Reserve Bank has opted to leave interest rates on hold at 3.6 percent, in line with expectations from economists.

Experts had largely predicted this, given the current state of inflation data in Australia.

Australian correspondent Murray Olds says it's unlikely Australians will see a rate cut until 2026.

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Topics

AustraliaReserve Bankbusinesseconomy