[ad_1] SYDNEY (Reuters) – Australia’s central bank held interest rates steady on Tuesday as expected, but cautioned that a further increase could not be ruled out given inflation was still too high. Wrapping up its February policy meeting, the Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35%, having last lifted them by a quarter point in November. Markets had wagered heavily on a steady outcome given inflation had eased more than expected last quarter. [AU/INT] (Reporting by Wayne Cole; Editing by Shri Navaratnam) Copyright 2024 Thomson Reuters. [ad_2] Source link Post navigation Money Matters with Baun and Pate Investment Group at Wellington-Altus Private Wealth | Watch News Videos Online Canada to Provide C$99 Million to Support Low-Income Renters -Finance Minister