SYDNEY -- The Reserve Bank of Australia on Tuesday again held its official cash rate steady, with Governor Michele Bullock effectively ruling out a cut this year as inflation in the country remains "too high."
Economy
Australian central bank 'near-term' interest rate cuts not on agenda
Governor says market volatility needs to be monitored after decision to stand pat
Reserve Bank of Australia Governor Michele Bullock speaks during a news conference in Sydney on August 6. (Photo by AAP Image)
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