Reported 9 days ago
The Reserve Bank of Australia's Governor Michele Bullock stated that it's too early to determine the future direction of interest rates due to the impact of U.S. trade policies on global markets. In her address in Melbourne, she highlighted the need for patience as the country navigates volatility while ensuring the financial system is prepared for potential shocks. The RBA is maintaining a steady interest rate of 4.1% while monitoring inflation and employment data.
Source: YAHOO