• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

Australia’s central bank keeps cash rate at 4.35%, as expected

by November 5, 2024
written by November 5, 2024

SYDNEY (Reuters) – Australia’s central bank held interest rates steady on Tuesday as expected, reiterating policy would need to stay restrictive until it was certain core inflation was slowing as desired.

Wrapping up its November policy meeting, the Reserve Bank of Australia (RBA) kept rates at a decade-high of 4.35%, where they have been for the last year, and reiterated it was not ruling anything in or out on future policy.

Markets had wagered heavily on a steady outcome given the labour market was proving surprisingly strong and the RBA had repeatedly said it was too early to consider easing. [AU/INT]

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
RBA leaves interest rates unchanged, will maintain restrictive policy
next post
Asia stocks dip amid election jitters, China buoyed by positive PMI

You may also like

China central bank conducts 1.7 trln yuan of...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

ECB president fears loss of central bank independence

January 27, 2025

European tech shares tumble as China’s AI push...

January 27, 2025

Futures slip as investors eye China’s latest AI...

January 27, 2025

Markets may be repeating the mistake of 2019,...

January 27, 2025

How billionaire Caltagirone could influence Italy’s banking M&A...

January 27, 2025

How Italy’s MPS went from near collapse to...

January 27, 2025

Analysis-To weather Trump, emerging market investors look to...

January 27, 2025

Chinese AI startup DeepSeek overtakes ChatGPT on Apple...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • Arbe Robotics shares soar on NVIDIA collaboration
    • 23andMe to delist from Nasdaq, deregister with SEC

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy