4.6 C
Ottawa
Tuesday, November 4, 2025

RBA Holds Interest Rates Steady After September Inflation Jump

Date:

Governor Michele Bullock says a stronger-than-forecast inflation jump limited the board’s options on rates.A woman pays for her purchases at the Queen Victoria Market in Melbourne, Australia, on July 11, 2014. Scott Barbour/Getty Images11/4/2025|Updated: 11/4/2025With inflation jumping higher than expected in the September quarter, the Reserve Bank of Australia (RBA) has kept interest rates on hold at 3.6 percent.The decision was widely expected by markets and comes with one RBA meeting left this year.Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].Author’s Selected Articles

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Australias Anti-Slavery Commissioner Says Trump Most Effective at Dealing With Forced Labour

President Donald Trump speaks in the Oval Office of...

Israel Returns Bodies of 45 Palestinians

Hamas returned the remains of three Israeli soldiers the...

Half Yours Wins the 2025 Melbourne Cup

Jamie Melham (C) lifts the trophy with co trainers...

Alberta to Legislate Early Math and Writing Screenings to Address Classroom Complexity

Alberta Education Minister Demetrios Nicolaides speaks at a press...