RBA holds cash rate at 10 basis points for 11th consecutive month, discontinues yield control

By Yajush Gupta · 2 November 2021 · Economy

RBA holds cash rate at 10 basis points for 11th consecutive month, discontinues yield control

Full details: RBA holds cash rate at 10 basis points for 11th consecutive month, discontinues yield control

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Summary

The RBA board has decided to keep the official cash rate at 0.1 percent as it expects the economy to recover swiftly.