RBA Cash Rate Remains at 4.35%, Still Vigilant to Upside Risks

By Sophia Rodrigues

Published On 05 Nov 2024 , 02:44 PM

The Reserve Bank of Australia maintained the cash rate at 4.35% and retained the key message that it remains vigilant to upside risks and is "not ruling anything in or out."

The statement accompanies the quarterly Statement on Monetary Policy where the updated forecasts do not see inflation returning sustainably to the 2.5% midpoint of the target until 2026.

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