Interest rates in Australia will remain on hold after the Reserve Bank of Australia (RBA) opted to keep the rates steady.
The Board kept Australia’s official cash rate at 4.1 percent at a meeting today.
Reserve Bank Keeps Interest Rates on Hold
Inflation in Australia is still too high, the RBA said
People shop for fresh produce at the Queen Victoria Market in Melbourne, Australia, on July 4, 2023.William West/AFP via Getty Images
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
Author’s Selected Articles
