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Stock markets mixed as rate-cut concerns persist /
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2024-06-18 05:57:18

Stock markets mixed as rate-cut concerns persist on Nostr: Reserve Bank of Australia Keeps Cash Rate Unchanged for Fifth Consecutive Meeting ...

Reserve Bank of Australia Keeps Cash Rate Unchanged for Fifth Consecutive Meeting
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#c0f71ab7 ver:0.84

The Reserve Bank of Australia (RBA) has kept its cash rate unchanged for the fifth consecutive meeting, maintaining it at 4.35%. RBA Governor Michele Bullock stated that the central bank is closely monitoring economic data and is open to adjusting its policy as necessary. The decision comes amid global economic concerns and uncertainty surrounding the impact of the Albanese government's budget and tax cuts. The S&P/ASX 200 Index responded positively to the news, rising 0.9%. #RBA #interestrates #economy...

#newstr #ReserveBankOfAustralia #CashRate #InterestRate #Rba #S&p/asx200Index

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