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Australia's central bank likely to maintain 4.1% interest rate, awaiting further inflation data.
The Reserve Bank of Australia's new monetary policy board is expected to keep the cash rate at 4.1% at its first meeting, despite a recent slowdown in monthly inflation.
Economists and the market see little chance of a rate cut soon, with the RBA likely waiting for April’s CPI data to ensure inflation is within its 2-3% target.
Focus will be on the RBA's post-meeting statement and Governor Michele Bullock's press conference for any changes in rhetoric.
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Es probable que el banco central de Australia mantenga una tasa de interés del 4,1%, a la espera de más datos sobre inflación.