Australia's central bank focused on US tariff developments
- Posted on July 9, 2025
- By Bing News
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Australia's central bank focused on US tariff developments
SYDNEY (Reuters) -Australia's central bank is very focused on U.S. tariff developments, Deputy Governor Andrew Hauser said on Wednesday, adding that there is an enormous amount of uncertainty in the global economy. The Reserve Bank of Australia on Tuesday surprised markets by holding interest rates steady at 3.85%, saying the majority of the board wanted to wait for more information to confirm