Рет қаралды 20,542
The Reserve Bank has left interest rates on hold at a 12-year high after inflation fell by more than expected towards the end of 2023. It means the cash rate remains at 4.35 per cent. Subscribe: ab.co/1svxLVE
Read more here: www.abc.net.au...
Most economists are predicting a rate cut this year. But the RBA says that's far from certain, and even indicated another rate hike is possible. Westpac chief economist Luci Ellis, a former RBA assistant governor, says she's not expecting a recession - even if there's another rate hike.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: ab.co/2lNeBn2
Like ABC News on Facebook: / abcnews.au
Follow ABC News on Instagram: / abcnews_au
Follow ABC News on Twitter: / abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia