BREAKING: RBA HOLDS INTEREST RATE AT 4.35% AS EXPECTED
BREAKING: RBA HOLDS INTEREST RATE AT 4.35% AS EXPECTED
The Reserve Bank of Australia (RBA) left the Official Cash Rate (OCR) at 4.35% following its December policy meeting.
The decision was broadly in line with market expectations.
The RBA has kept its policy settings unchanged for the ninth consecutive meeting.
The central bank raised the benchmark rate by 25 basis points in November 2023.
