While Australia’s housing market boomed without constraint over the last few months, partly due to record low-interest rates, the cash rate is unlikely to change in Tuesday’s monthly monetary board meeting. The Reserve Bank of Australia’s (RBA) statistics for lending and credit show overall mortgages rose by 0.5 percent in April and 4.4 percent over…
Cash Rate Likely to Remain Unchanged: Reserve Bank
May 31, 2021
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AustraliaAustralian Cash rateAustralian economyphilip lowerba shadow boardReserve Bank of AustraliaWorld
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