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Murray Olds: Australian correspondent on the RBA keeping the Official Cash Rate on hold at 4.1 percent

Murray Olds: Australian correspondent on the RBA keeping the Official Cash Rate on hold at 4.1 percent

Heather du Plessis-Allan Drive · Newstalk ZB

October 3, 20235m 16s

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Show Notes

Australian homeowners can breathe a sigh of relief - with interest rates on hold for the 4th month in a row.

The Reserve Bank Governor has today handed down a decision to keep the Official Cash Rate at 4.1 percent.

Australian correspondent Murray Olds says the Reserve Bank will be looking to bring inflation down, but stubbornly high fuel prices threaten to disrupt the downswing.

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Topics

AustraliamoneyOCRReserve Bank