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RBA holds cash rate at 4.35%, signals reprieve amid slowing economy

The Reserve Bank of Australia (RBA) has maintained its official cash rate at 4.35%, ending a series of three consecutive rises. Governor Michele Bullock delivered a strong message, citing a slowing economy and rising unemployment as factors influencing the decision, though a Middle East ceasefire is not yet cause for celebration.

16 Jun, 15:00 — 16 Jun, 15:00
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