“RBA Holds Steady at 4.35%: Unpacking the Impact, Relief for Borrowers, and Navigating 2024’s Financial Landscape”
The Reserve Bank of Australia (RBA) has decided to maintain the cash rate at 4.35% in its final monetary policy meeting for 2023, marking the sixth hold this year. Governor Michelle Bullock highlighted the positive impact of higher interest rates in establishing a sustainable balance between aggregate supply and demand. She emphasized that recent rate […]