Banking

Cash Rate Cut dismissed by RBA despite inflation figures dropping to below 3%

Despite inflation dropping to 2.8% as of September 2024, the Reserve Bank of Australia (RBA) has released its Monetary Policy Decision, which Governor Michele Bullock presented on November 5th, stating that the cash rate will stay at 4.35 percent effective today (November 6th, 2024). The 4.35 percent cash rate has remained on hold since November […]

6th November 2024

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