For the first time in almost a year, The Reserve Bank of Australia held official interest rates steady yesterday.
Following its meeting on Tuesday, RBA governor Philip Lowe confirmed the official cash rate would remain at 3.6 per cent until at least May.
So why has the RBA made this decision now? Will it help ease the cost of living crisis? And is it a pause - or an end to the fight against inflation?
Today, senior economics correspondent Shane Wright joins economics correspondent Rachel Clun, to discuss the Reserve Bank of Australia’s latest moves.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.