RBA Affirmed No Rate Hike Until 2024, Widening Policy Divergence with Counterparts

<p>The RBA left the cash rate unchanged at 0.1%, and asset purchases at AUD 4B/month, in October. Despite sharp rise in housing prices, policymakers chose to stick with ultra-easy monetary policy in order to achieve the inflation target and full employment. The central bank remained cautiously optimistic about the economic outlook. Policymakers acknowledged that “the [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/central-bank-analysis/407321-rba-affirmed-no-rate-hike-until-2024-widening-policy-divergence-with-counterparts/">RBA Affirmed No Rate Hike Until 2024, Widening Policy Divergence with Counterparts</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>