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Australian Consumer Confidence Up After RBA Remained Sidelined

Por: MarketWatch Business December 11, 2023

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Homeowners seem to be buoyed by rising home prices and the stable cash rate after the RBA left the cash rate on hold last week, said ANZ senior economist Adelaide Timbrell. The RBA moved to the sidelines this month, leaving the official cash rate steady at 4.35%, but it left the door open to further increases next year if inflation remains sticky. The central bank has delivered 13 interest rate increases since May 2022, the last coming in... + full article



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