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Reserve Bank keeps interest rates on hold as the ASX breaks records... but governor warns of more hikes
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NEWSDECK ANALYSIS
The Reserve Bank's decision on interest rates is closely watched by investors and economists, as it can have a significant impact on the overall economy and financial markets. The Australian share market, or ASX, has been performing well, with recent record-breaking highs, which can influence the Reserve Bank's monetary policy decisions. The ASX's performance is also influenced by global events, such as geopolitical tensions and commodity price movements, which can affect investor sentiment and market volatility.
This story is currently only covered by one source from a single part of the political spectrum. NewsDeck will update this page automatically if other outlets pick up the story.
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Daily Mail
Reserve Bank keeps interest rates on hold as the ASX breaks records... but governor warns of more hikes
Ahead of the interest rate announcement, Australia's share market inched higher on expectations the Reserve Bank would hold the cash rate steady, while US-Iran woes prompted an oil price bounce.
11 Aug, 04:53