Bloomberg Television
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RBA Holds Interest Rates at 4.35%, Dropping Tightening Bias
Posted
March 19, 2024
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1,560
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March 19, 2024
1,560
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3:16Now PlayingAustralia’s central bank abandoned its mildly hawkish stance after keeping interest rates at a 12-year high of 4.35% for a third straight meeting, suggesting growing confidence that policy is gaining traction and restraining inflation. James McIntyre of Bloomberg Economics analyzes the decision.
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