Australia's central bank leaves cash rate unchanged at 3.85 pct

NAMPA / Xinhua

2025-07-08

SYDNEY, July 8 (Xinhua) -- Australia's central bank on Tuesday decided to keep the cash rate steady at 3.85 percent The board of the Reserve Bank of Australia said in a statement that it continued to judge that the risks to inflation have become more balanced and the labor market remained strong. The statement said that it remained cautious about the outlook, particularly given the heightened level of uncertainty about both aggregate demand......

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