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Australia central bank pondered scenarios for rate changes at Nov meeting

By Yahoo! Finance   |   Nov 18, 2024 at 09:56 PM EST
Australia central bank pondered scenarios for rate changes at Nov meeting

Australia's central bank, the Reserve Bank of Australia (RBA), plans to keep interest rates unchanged for now but remains prepared to adjust as the economic situation evolves. The RBA discussed various scenarios that could prompt rate changes, with a potential rate cut if inflation slows significantly.

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