RBA Maintains Cash Rate at 4.35% for Eighth Consecutive Meeting 📉
The Reserve Bank has kept interest rates steady at 4.35% for the eighth straight meeting. RBA Governor notes that core inflation is trending toward its target, signaling cautious optimism for the economy.
ABC NEWS (Australia)
703 views • Nov 5, 2024
About this video
The Reserve Bank has kept interest rates on hold once again. The RBA governor says while core inflation is moving towards its target. The central bank still needs more convincing that it's going to stay down.
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Views
703
Duration
2:03
Published
Nov 5, 2024
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