Reserve Bank keeps interest rates on hold

Reserve Bank of Australia holds cash rate steady at 4.35%, adopts mildly dovish stance
The RBA kept its cash rate steady at 4.35% during its final meeting of 2024, marking the ninth consecutive pause, as widely anticipated. The committee also maintained the interest rate on Exchange Settlement balances at 4.
Reserve Bank of Australia keeps policy rate steady with a dovish tilt
The central bank's policy statement was more dovish as it acknowledged that inflation is moving sustainably towards target
Reserve Bank of Australia holds policy rate again
The Reserve Bank of Australia (RBA) board decided to leave the cash rate target at 4.35% – a level unchanged since November 2023. The bank said in a statement that although headline inflation had declined substantially and would remain lower for a time, underlying inflation was “more indicative of inflation momentum, and it remains too high”.
Reserve Bank of Australia holds interest rates at 4.35 per cent in final decision of 2024
The Reserve Bank of Australia has held the cash rate in its final decision of the year. The board met on Tuesday and decided to hold the cash rate at 4.35 per cent, as it has done for the ninth time in a row. The cash rate has remained at a 12-year high since the most recent hike in November 2023, an elevated level aimed at taming inflation.
Australia's central bank keeps cash rate at 4.35%, softens tone
Australia's central bank held interest rates steady on Tuesday as widely expected, but softened its hawkish language by noting the board had gained "some confidence" that inflation was heading back to target.
Reserve Bank of Australia under pressure to cut interest rates
The country’s top labour market expert has joined the Australian Council of Trade Unions in calling for the Reserve Bank to cut interest rates.
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Dollar Holds Ground Ahead of CPI, Aussie Wallows Near 4-Month Low
The Australian dollar sagged near a four-month low after a dovish tilt to the central bank's policy outlook a day earlier.
Australia's unemployment drops to 8-mth low, markets pare Feb rate-cut bets
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Interest Rate News: RBA In No Hurry To Cut Rates
Editorial note: Forbes Advisor Australia may earn revenue from this story in the manner disclosed here. Read our advice disclaimer here. The Reserve Bank of Australia (RBA) would need to see ...
Australia's central bank ends 2024 with dovish pivot, Aussie dollar dives
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Australia Business Conditions Worst Since Pandemic, NAB Survey Says
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