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RBA Holds Key Rate Steady at 4.35%
The RBA maintained its key rate at 4.35% following a unanimous decision. Furthermore, the central bank indicated that it would hike the rate further if circumstances required it.
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Adjacent reporting
- RBA interest rates: Reserve Bank holds official cash rate at 4.35% as economy slows and unemployment rises
- Indian central bank holds firm on key rate as rupee suffers historic lows
- RBA interest rates: Reserve Bank hikes official cash rate to 4.35% in blow to mortgage holders
- Bank of Canada holds key interest rate at 2.25%