Today’s RBA decision means when the board next meets it will be nearly 8 months since interest rates last went up, providing stability in difficult times. The Budget’s major focus will be easing inflation in the near term and easing cost-of-living pressures #auspol #ausecon

As we wait for tomorrow’s @BankOfEngland policy announcement, the Reserve Bank of #Australia left its rates unchanged, in line with the consensus forecast. The accompanying statement remained essentially unchanged. But, in what will surprise many, the RBA’s quarterly statement on…

[VIDEO] Market Close: #ASX200 - Aussie #shares power higher on less hawkish #RBA. youtu.be/-vQUH4i5Q8c

Aussie shares recorded strong gains and closed at best levels of the day as #RBA held rates steady. The #ASX200 added 111pts or 1.4% to 7,793. All 11 sectors rose. Utilities (+2.8%) added most supported by $AGL. Miners, banks and energy stocks all well supported the main index.