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RBA stands pat on interest rates as hopes dim for future cuts

  • Written by The Conversation

The Reserve Bank kept the cash rate steady at 3.6% at today’s meeting. In its post-meeting statement, the central bank said the monetary policy board

judged that it was appropriate to remain cautious.

This pause follows three cuts earlier this year — in February, May and August, each by 25 basis points — which lowered the cash rate...

Read more: RBA stands pat on interest rates as hopes dim for future cuts

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