RBA Stands Pat for a Third Month; Option to Hike Further Still on Table

RBA Stands Pat for a Third Month; Option to Hike Further Still on Table

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SYDNEY—The Reserve Bank of Australia left its official cash rate unchanged for the third month in a row on Tuesday, but remained cautious about the outlook, saying that further interest-rate increases remain a possibility as inflation remains too high. The official cash rate was left at 4.1%, as…

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