RBA holds interest rates at 4.35%, warns of potential future hikes
UKPulse Money Desk
The Reserve Bank of Australia (RBA) has maintained its interest rates at 4.35%, but indicated that further rate increases could occur due to high inflation.
- The RBA has kept interest rates steady at 4.35%.
- The central bank warned of more potential rate hikes.
- The warning is attributed to high inflation.
The Reserve Bank of Australia (RBA) announced today that it has left its interest rates unchanged at 4.35%. This decision comes alongside a warning from the central bank regarding the possibility of additional rate increases.
The RBA stated that more rate hikes could be implemented in the future, citing persistent high inflation as the reason for this potential action.