Reserve Bank Australia Holds Record Low Cash Rate of 0.25%

about 5 years in theepochtimes

Reserve Bank officials have left the record low cash rate unchanged at 0.25 percent, as many businesses in Victoria stop trading as part of a six-week hard lockdown. Economists expected bank officials to leave rates on hold at the monthly board meeting on August 4, given Victoria’s tougher restrictions will mean more people without work […]

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