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Murray Olds: Australian correspondent on the Reserve Bank of Australia keeping rates on hold

Murray Olds: Australian correspondent on the Reserve Bank of Australia keeping rates on hold

Heather du Plessis-Allan Drive · Newstalk ZB

May 7, 20244m 48s

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Show Notes

Australia's Reserve Bank has made the decision to leave the OCR in place at 4.35 percent.

This decision is in line with predictions from economists, amid an uncertain financial outlook.

Australian correspondent Murray Olds says the Reserve Bank hasn't ruled out more increases in order to tackle inflation.

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Topics

AustraliaOCRReserve Bank of Australiaeconomy