RBA leaves cash rate unchanged at 4.35%, as expected ...Middle East

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Prior 4.35%Inflation continues to moderate, but is declining more slowly than expectedThe economic outlook remains uncertainRecent data have demonstrated that the process of returning inflation to target is unlikely to be smoothPersistence of services inflation is a key uncertaintyHousehold consumption growth has been particularly weakThere also remains a high level of uncertainty about the overseas outlookIt will be some time yet before inflation is sustainably in the target range and will remain vigilant to upside risksNot ruling anything in or out on future decisionsFull statementThe aussie has fallen as the RBA leaves rates unchanged and then offers a more or less similar language to the

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Last updated : 07 May 2024 clock 07:41 AM

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RBA leaves cash rate unchanged at 4.35%, as expected ...Middle East

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