Murray Olds: Australian correspondent on the Reserve Bank of Australia leaving interest rates on hold at 4.35 percent
Heather du Plessis-Allan Drive · Newstalk ZB
June 18, 20244m 36s
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Show Notes
There's no reprieve for Australian borrowers just yet, as the Reserve Bank decided to leave rates on hold.
Australia's Official Cash Rate was held steady at 4.35 percent, in line with expectations from economists.
Australian correspondent Murray Olds says people are screaming for relief - but the Bank is determined to bring inflation down.
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Topics
moneybusinesseconomyinflationOCRReserve BankReserve Bank of Australia