What does the Reserve Bank decision to hold interest rates steady at 3.85% mean for You
(Sources: REA & Reserve Bank of Australia) Economists and markets were broadly expecting the RBA to cut the official cash rate to 3.60%, which would ease pressure on mortgage holders and potentially stimulate borrowing and spending. However, the decision to pause could actually beWhat does the Reserve Bank decision to hold interest rates steady at 3.85% mean for You