Australia’s Reserve Bank holds official cash rate at 4.35 percent
Australia's Reserve Bank has kept its official cash rate unchanged at 4.35 percent.
Australia's central bank has decided to maintain its official cash rate at 4.35 percent, leaving borrowing costs steady. The decision reflects the Reserve Bank's assessment of economic conditions in the country.
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Paul Bloxham: HSBC Chief Economist on Australia holding their OCR in place at 4.35 percent
Over in Australia, the Reserve Bank has moved to keep the official cash rate in place at 4.35 percent.