TODAY'S TOP STORIES

Australia Central Bank Keeps Rate Unchanged As Expected

Australia central bank left its key interest rate unchanged for the ninth straight session on Tuesday but today's statement lifted hopes of an early interest rate cut.

The policy board of the Reserve Bank of Australia governed by Michele Bullock decided to retain the cash rate target at a 13-year high of 4.35 percent. The decision matched expectations.

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by Renju Jaya

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