Statement by the Reserve Bank Board: Monetary Policy Decision

News Financial services English Statements & Speeches

Date: 24th Sep, 2024 Source: Reserve Bank of Australia Country: Australia Original Source

Brief

At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation remains above target and is proving persistent. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring aggregate

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Statement by the Reserve Bank Board: Monetary Policy Decision

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Statement by the Reserve Bank Board: Monetary Policy Decision

Brief

Reserve Bank of Australia

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