Murray Olds: Australian correspondent on the Reserve Bank of Australia holding the OCR at 4.1 percent
Heather du Plessis-Allan Drive · Newstalk ZB
August 1, 20234m 3s
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Show Notes
The Reserve Bank of Australia is holding the OCR at 4.1 percent, to assess the impact of prior hikes.
The RBA warns that more increases may be needed to ensure inflation drops to their target in a reasonable timeframe.
Australian correspondent Murray Olds says Australian homeowners and renters will appreciate this pause, however temporary.
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Topics
AustraliamoneyOCRReserve Bank of Australia