In a move that surprised many, the Reserve Bank held interest rates steady this month—choosing to wait and watch, despite growing expectations of another cut.
So, what’s driving this decision and what does it mean for your financial future?
In this month’s economic update, Ben Kingsley and Evan Lucas break down:
- Why growth is slowing even as inflation continues to ease
- How business confidence and employment data are shaping the outlook
- What’s changing globally—from US policy shocks to China’s economic strategy
- The signals the RBA may be sending about the pace of cuts ahead
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