Reserve Bank 'prepared to be patient' as interest rates kept at record lows into 2022 - ABC News
The Reserve Bank keeps interest rates at a record low and maintains its current stimulus, re-emphasising its patience to see inflation and wages growth increase more sustainably before considering a rate rise.
The Reserve Bank has left its official interest rate target on hold at a record low 0.1 per cent and will continue its $4 billion-a-week bond-buying stimulus program until at least mid-February.
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