The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 3.60%.
Following ten consecutive rate rises, the Reserve Bank of Australia (RBA) today decided to hold the official cash rate at 3.60%.
This decision was spurred by turmoil in global banking markets and the monthly CPI indicator showing local inflation had eased last month.
If you’d like to have a chat about what today’s news means for you and your finances, please don’t hesitate to get in touch.
Warm regards,
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Email: davina.skene@greenassociates.com.au
