Australia unexpectedly holds policy rate as it awaits more inflation data

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  Posted by Two Blokes Jul 8 - Filed in General - #TwoBlokesTrading  - 4 views
  
  Australia's central bank held its policy rate at 3.85%, saying it needed more time to assess inflation data. The Reserve Bank of Australia said it was waiting for "a little more information to confirm that inflation remains on track to reach 2.5 per cent on a sustainable basis.