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Rates by Direct Debit Form City of Penrith

Rates by Direct Debit Form City of Penrith

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The Reserve Bank board decided to leave the interest rates unchanged at 4.35% uh which is around a 12year high and uh it's been like that for many months now since November last year in fact while headline inflation will decline for a Time underlying inflation is more indicative of inflation momentum and Still Remains too high so the most recent projections in the August statement of monetary policy show that it'll be some time yet before inflation is sustainably within that 2 to 3% target range so the data since then has reinforced a need to remain Vigilant upside risks to inflation and the board is not ruling anything in or out so not ruling anything in or out so that means uh Reserve Bank Governor Michelle Bullock and the rest of the board is still entertaining the possibility of a rate increase if inflation does get worse so that's what I was looking for whether they have excluded that wording uh this time but they haven't

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