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'Weren't convinced': HSBC chief economist explains why the RBA held the OCR steady

Author
Newstalk ZB,
Publish Date
Tue, 1 Apr 2025, 7:51pm
Photo / 123RF
Photo / 123RF

'Weren't convinced': HSBC chief economist explains why the RBA held the OCR steady

Author
Newstalk ZB,
Publish Date
Tue, 1 Apr 2025, 7:51pm

The Australian Reserve Bank has moved to hold the OCR steady at 4.1 percent following this afternoon's meeting.

Interest rates started to drop in February - but the Central Bank opted to hold off on going further for the time being.

HSBC chief economist Paul Bloxham explains what inspired the market to make this move.

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