Australia's central bank keeps rates on hold
Australia's central bank keeps rates on hold, stays hawkish
Australia's central bank on Tuesday held interest rates steady as expected and reiterated that policy needed to stay tight, sticking to its guns a week after the Federal Reserve started its easing campaign with a bang.
Australia’s Central Bank Keeps Rates on Hold, Defying Global Trend
The Reserve Bank of Australia kept interest rates steady, deepening a split with global counterparts including the Federal Reserve that are loosening policy as they grow increasingly confident that inflation is under control.
Reserve Bank of Australia holds cash rate steady for seventh consecutive meeting
At its September meeting, the Reserve Bank of Australia held its cash rate at 4.35%, matching market expectations and maintaining borrowing costs for the seventh consecutive meeting.
Australia's central bank keeps cash rate at 4.35%
Australia's central bank held interest rates steady on Tuesday as expected, while reiterating that policy needed to stay tight and it was not ruling out further increases if needed to control inflation.
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