🚹 #RBA Update! 🚹

Australia’s central bank is keeping interest rates at a 12-year high of 4.35%, battling stubborn inflation. Governor Michele Bullock says rates will stay on hold for now, but nothing's off the table! 📉

- Currency dipped 0.3% to 68.17 US cents

- 3-year bond yields fell sharply

- Swaps traders see a 74% chance of a December rate cut

Economists predict rate cuts in Feb, but Bullock warns inflation won’t hit target until late 2025. What do you think? Rate cuts soon or more waiting? Drop your thoughts below! 👇 #Economy #Forex #Crypto