International Economic

RBA holds rates steady but warns of upside risks as inflation persists

By Frank Prenesti

Date: Tuesday 18 Jun 2024

(Sharecast News) - The Reserve Bank of Australia board left its cash rate on hold at 4.35% but warned that persistent inflation and slowing economic growth meant it was ruling "anything in or out" on the future path of monetary policy, with risks to the upside remaining.


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