Tag: pauses
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Reduction for hundreds of thousands of householders as RBA pauses rates of interest in July
The Reserve Financial institution has held rates of interest in July because it awaits contemporary information on inflation, delivering a much-needed reprieve to Australian households. At its assembly on Tuesday, the RBA board left its money price goal on maintain at a decade-high 4.1 per cent – the second such pause since April. RBA governor…
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Mortgage reprieve in July as Reserve Financial institution pauses rates of interest
The Reserve Financial institution has delivered a mortgage reprieve in July, pausing rates of interest to await contemporary inflation knowledge that can assist decide whether or not extra motion continues to be wanted. The money price goal will keep on maintain at decade excessive 4.1 per cent, sparing tens of millions of Australian households from…