Murray Olds: Australian correspondent on the Australian Reserve Bank moving to keep the OCR on hold
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The Australian Reserve Bank has moved to leave rates on hold at 4.35 percent. Figures from the June quarter showed inflation has stayed in line with market expectations - but the bank is holding on before making bigger moves. Australian correspondent Murray Olds says Australians are still on edge, as a cut is unlikely to happen until early 2025. LISTEN ABOVE See omnystudio.com/listener for privacy information.