ABC News – Top stories
·general
·2 hours ago
Cooling economy and Iran backdown to keep RBA at bay
Economists predict the Reserve Bank of Australia, led by Michele Bullock, will keep interest rates on hold this year as the economy cools and inflation moderates. Donald Trump's recent cancellation of strikes on Iran has stabilized oil prices, offering relief to policymakers. However, uncertainties remain regarding the ongoing conflict and its impact on global energy supplies.
Summary by Glance · ABC News – Top stories
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