The Reserve Bank of Australia (RBA) announced the cash rate will remain unchanged at 0.10% after its monetary policy meeting today.
This marks the eighth consecutive meeting at which the cash rate has been held at its historic low.
The RBA has repeatedly maintained the cash rate is unlikely to rise before 2024, when it is expected that wages and inflation growth will be consistently higher than at present.
Regards,
Declan Hanratty
0409 089 456

6/12Blessington Street
ST KILDAVIC3182

Australian Credit Licence No. 383120
383120

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