Reserve Bank of Australia Keeps Cash Rate Unchanged for Fifth Consecutive Meeting as Inflation Edges Up
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#c0f71ab7 ver:0.85

The Reserve Bank of Australia (RBA) keeps cash rate unchanged for the fifth consecutive meeting as inflation edges up. RBA closely monitoring economic data and open to adjusting policy as necessary. Positive response from S&P/ASX 200 Index. Global economic concerns and uncertainty surrounding government's budget impact inflation and wage growth. Other central banks also holding policy meetings. Market sentiment reflected in ASX 200 Futures. US government bond yields decrease, while 2-year Treasury yield rises. European stocks fall, oil prices dip slightly. Asian stocks track Wall Street higher. Australian dollar holds steady. RBA's interest rate decision closely watched for potential easing cycle. CPI expected to edge up in May. RBA leaves open possibility of rate hike. Governor Bullock emphasizes June quarter inflation data critical. Other financial reports to be released this week. #RBA #interestrates #inflation #economy...

#newstr #ReserveBankOfAustralia #CashRate #InterestRate #Inflation #ConsumerPriceIndex 

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