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RBA holds interest rates in place, warns war against inflation 'isn't over'

Author
Newstalk ZB,
Publish Date
Tue, 19 Mar 2024, 7:59pm
Photo / 123RF
Photo / 123RF

RBA holds interest rates in place, warns war against inflation 'isn't over'

Author
Newstalk ZB,
Publish Date
Tue, 19 Mar 2024, 7:59pm

The Reserve Bank of Australia has held interest rates steady at 4.35 percent.

Australia's OCR has stayed in place since November 2023 off the back of 13 rate hikes- but governor Michele Bullock says the fight isn't over.

HSBC Chief Economist Paul Bloxham explains further- and predicts when Aussie homeowners can expect cuts.

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