RBA Holds Interest Rates at 4.35% as Inflation Risks Remain
RBA Keeps Interest Rates on Hold, But More Hikes Are Still Possible Australia’s central bank has decided to keep interest rates unchanged at 4.35%. The decision comes after three rate hikes earlier this year. As a result, borrowers get a temporary break from rising loan repayments. However, the Reserve Bank of Australia (RBA) says inflation…