Tuesday, 22 April 2025

Federal Reserve Bank of Australia keeps interest rates unchanged

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Federal Reserve Bank of Australia announced in a statement on its official website that it would keep the official interest rate unchanged at 4.35%.

Reserve Bank Governor Michelle Bullock said, after the bank’s board of directors meeting, that the Reserve Bank’s board of directors is committed to doing what is necessary to ensure that inflation in Australia returns to the target rate during the next stage.

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