Most Popular
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NewJeans members submit petitions over court injunction in Hybe-Ador conflict
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N. Korea says it test-fired tactical ballistic missile with new guidance technology
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S. Korea's exports of instant noodles surpass $100m for 1st time in April: data
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[KH Explains] Why Korea's so tough on short selling
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Actors involved in past controversies return first via streaming service originals
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US military commander in S. Korea during Gwangju uprising dies
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[Herald Interview] Byun Yo-han's 'unlikable' character is result of calculated acting
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‘Kim desperately wanted to denuclearize,’ Moon writes in memoirs
RBA keeps interest rates on hold at 4.35pc but warns progress against inflation is slowing
By ABC NEWS (Australia)Published : May 8, 2024 - 08:21
The Reserve Bank has decided to maintain the current interest rate at 4.35 percent. Despite holding rates steady, the Bank's Chief has indicated that it is premature to claim success in the fight against inflation. She emphasised that the possibility of a future rate hike remains open, suggesting that the economic battle against rising prices is far from over.