RBA Unmoved by Latest Inflation Figures, Holds Cash Rate Steady

By Naziya Alvi Rahman Despite government rejoicing over the 2.8 percent inflation rate milestone, the Reserve Bank of Australia (RBA) continues to signal caution. In its latest review on Nov. 5, the RBA decided to keep the cash rate target unchanged at 4.35 percent and the interest rate on Exchange Settlement balances steady at 4.25 […]