Interest rates unchanged

At its meeting last week, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate unchanged at 3.60 per cent. The decision was wildly expected, with inflation recently picking up higher than expected in the September quarter.

ON HOLD… As expected, the Reserve Bank of Australia (RBA) has kept the cash rate steady at 3.6 per cent. The board unanimously agreed it was better to “remain cautious” on interest rates. Photo: Supplied

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