RBA keeps cash rate on hold

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RBA News

Mortgage Owners,Interest Rates,Cash Rate

The Reserve Bank of Australia has left interest rates on hold at 4.35 per cent after the board met for its June meeting.

Reserve Bank of Australia opts to leave cash rate on hold at 4.35 per cent for fifth month in a row after June meeting

Tuesday's decision marks the fifth month in a row interest rates have remained unchanged - a move which was largely anticipated by many economists and the market. The RBA has kept the cash rate on hold at 4.35 per cent. Picture: NCA NewsWire / Christian Gilles The RBA said returning inflation to its two to three per cent target range within a"reasonable timeframe remains the board's highest priority".

 

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