RBA Holds Rates Steady at 4.35% Amid Persistent Inflation Concerns

In its latest monetary policy decision on September 24, 2024, the Reserve Bank of Australia (RBA) decided to keep the cash rate target unchanged at 4.35% and maintained the interest rate on Exchange Settlement balances at 4.25%. The decision comes amid ongoing concerns about inflation, which remains above the RBA’s target despite some easing from […]