RBA’s Bullock: Rates to remain on hold for time being

Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing the press conference, following the announcement of the September monetary policy decision on Tuesday.

Bullock is responding to questions from the media, as part of a new reporting format for the central bank starting this year.

At its September policy meeting, the RBA maintained the benchmark interest rate at 4.35% for the seventh straight meeting.

Key quotes

Recent data has not materially affected policy outlook.

Rates to remain on hold for time being.

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Sep 24, 2024

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