RBA interest rates: Reserve Bank keeps cash rate on hold at 4.1% for fourth straight month

New RBA governor, Michele Bullock, warns Australia isn’t out of the inflation woods and further interest rate rises remain on the cards

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The Reserve Bank of Australia has kept its key interest rate on hold for the fourth straight month, giving mortgage holders another small reprieve.

The decision to keep the cash rate at 4.1% is the first one made with the new governor of the RBA, Michele Bullock, in charge.

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