The RBA has left the cash rate on hold at 0.1%, saying it is ‘prepared to be patient’ as the market breathes down its neck
Markets

The RBA has left the cash rate on hold at 0.1%, saying it is ‘prepared to be patient’ as the market breathes down its neck

  • The RBA has left the cash rate on hold at 0.1%, and is confident the Omicron variant won't derail the economy.
  • RBA Governor Philip Lowe said the central bank will continue to buy $4 billion in government bonds weekly until February next year.
  • The market, though, has started pricing in a rate rise in the early months of next year.
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15 items everyone should have in their at-home emergency kit