Section

Australia’s central bank holds rates, waters down tightening bias

By Inquirer - 8 months ago
SYDNEY — Australia’s central bank held interest rates steady on Tuesday and watered down its tightening bias, signaling greater confidence that inflation is moving back to its target as the economy slows. Wrapping up its two-day March policy meeting, the Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35 percent for

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.