The RBA kept its Cash Rate Target unchanged at 4.10%, as expected.
- The Bank said once again that some further tightening of monetary policy may be required.
The hawkish bias was maintained, also as expected.
- Reserve Bank of Australia leaves its cash rate unchanged at 4.1%, as widely expected
- RBA October 2023 decision – leaves cash rate unchanged – full text of Governor’s Statement
AUD/USD little changed, up just a few tics:
This article was written by Eamonn Sheridan at www.forexlive.com. Source