RBA Holds Key Rate at 12-Year High, Defying Global Easing --[Reported by Umva mag]

Australia’s central bank held its key interest rate at a 12-year high on Tuesday as it struggles to subdue stubborn price pressures that are holding it back from joining a global easing cycle.

Sep 24, 2024 - 05:50

RBA Holds Key Rate at 12-Year High, Defying Global Easing --[Reported by Umva mag]

(Bloomberg) — Australia’s central bank held its key interest rate at a 12-year high on Tuesday as it struggles to subdue stubborn price pressures that are holding it back from joining a global easing cycle. Read More

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