Reserve Bank leaves rates on hold, but warns it is 'not ruling anything in or out' on potential of future hikes
Stronger than expected inflation data published by the Australian Bureau of Statistics last month had sparked speculation the bank may opt to hike, with this the first time the RBA has declined to raise rates after a one per cent rise in quarterly inflation. SYDNEY, AUSTRALIA - NewsWire Photos APRIL, 06, 2021: A pedestrian passes the Reserve Bank of Australia in Sydney. Picture: NCA NewsWire/Joel Carrett
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