RBA flags 2023 interest rate rise - a podcast by ABC Radio

from 2021-11-03T08:05

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The Reserve Bank of Australia left the cash rate on hold at the record low of 0.1% on Tuesday and will continue buying around $4 billion of government bonds a week until at least February.

But the changed guidance on interest rates is another sign the RBA is having to adjust strategies to deal with changing economic conditions, including a spike in inflation.