Australia's central bank just said, \\"Hold up!\\" on interest rates, keeping them at 4.35%. 🛑💸 But before you start celebrating, they've dropped a hint louder than a DJ's beat drop—another hike might still be coming! 🎧🔊
At their February policy meeting, the Reserve Bank of Australia (RBA) decided to keep rates at a 12-year high. The last time they cranked it up was in November, adding a quarter point. So what's the deal? 🤔
Well, inflation is still acting like that stubborn stain that won't wash out. 🧼💦 The RBA is watching closely, ready to make a move if prices don't chill out. So keep your fingers on the pulse, amigos! The economic dance isn't over yet. 💃🕺
Reference(s):
cgtn.com