TODAY'S TOP STORIES

Australia Central Bank Keeps Rate Steady For Fourth Session

The Reserve Bank of Australia kept its key interest rate unchanged in the first policy session chaired by the new governor Michele Bullock as policymakers assessed that the past rate hikes are working to bring inflation down to the target.

The RBA policy board decided to maintain the cash rate target at 4.10 percent, in line with economists' expectations.

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by Renju Jaya

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