RBA Keeps Rates Unchanged

RBA leaves policy rate unchanged, cites growth and inflation forecasts The Australian Dollar slipped briefly after the RBA left its policy rate unchanged. The central bank downgraded growth and inflation forecasts, which was initially interpreted as dovish.

RBA leaves policy rate unchanged, cites growth and inflation forecasts

The Australian Dollar slipped briefly after the RBA left its policy rate unchanged.

The central bank downgraded growth and inflation forecasts, which was initially interpreted as dovish.

However, RBA Governor later stated that another hike is quite possible, and the economy remains above capacity.

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