Yonhap Infomax NewsThe Reserve Bank of Australia kept its cash rate unchanged at 3.60% for a second month, with board members unanimously agreeing no adjustment was needed as inflation and labor market data are closely monitored; the Australian dollar slipped 0.11% to 0.6484 against the US dollar following the decision.
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RBA Minutes – Board Members Agree No Need to Adjust Cash Rate Target
The Reserve Bank of Australia kept its cash rate unchanged at 3.60% for a second month, with board members unanimously agreeing no adjustment was needed as inflation and labor market data are closely monitored; the Australian dollar slipped 0.11% to 0.6484 against the US dollar following the decision.