RBA hits the pause button
Governor Philip Lowe holds cash rate target steady at 3.6% this month, but keeps further hikes on the table.
RBA governor Philip Lowe.
Jonathan Mitchell
Tue, 04 Apr 2023
The Reserve Bank of Australia has decided to hit pause on further rate hikes – for now – as it takes time to assess the economic outlook and the increases so far.
It left the cash rate target at 3.6%, following successive increases since May last year to cool the economy and bring inflation back
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Jonathan Mitchell
Tue, 04 Apr 2023
Contact the Writer: jmitchell@nbr.co.nz
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