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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
2 mins to read

RBA holds rates, maintains 2025 inflation forecast

The RBA did little to encourage the view that it would hike rates, but cuts may be some time in coming.

The Reserve Bank of Australia has kept official interest rates on hold but has warned that inflation is easing “more slowly than expected and is still high”.

The RBA decision to keep rates on hold today at 4.35% was widely expected, but the board meeting comes in the context of higher than

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Lachlan Colquhoun Tue, 07 May 2024
Contact the Writer: lachlan@nbr.co.nz
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RBA holds rates, maintains 2025 inflation forecast
Australia,
103955
true