Murray Olds: Australian correspondent on the Reserve Bank of Australia holding the OCR at 4.35 percent
Heather du Plessis-Allan Drive · Newstalk ZB
December 5, 20234m 58s
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Show Notes
The Reserve Bank of Australia has opted to keep the OCR on hold for the time being.
The cash rate is set to stay at 4.35 percent, with economists citing moderating inflation as the main factor behind the decision.
Australian correspondent Murray Olds says inflation is reducing at a positive pace- but time will tell what the market looks like in January.
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Topics
AustraliabusinessmoneyReserve BankReserve Bank of Australia