RBA Sticks to Neutral Bias, Keeps Cash Rate at 12-Year High [Financial Post (Toronto, Ontario, Canada)]
Toronto Dominion Bank (The) (TD)
Last toronto dominion bank (the) earnings: 2/27 06:30 am
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Australia's central bank kept interest rates at a 12-year high in a widely anticipated move, while maintaining a neutral stance that surprised markets and sent the currency lower. The Reserve Bank held its cash rate at 4.35% for a fourth straight meeting on Tuesday, while raising its near-term inflation estimates and slightly reducing those for economic growth and unemployment. The updated forecasts used a technical assumption of no change in rates until mid-2025. Article content Article content Read more: RBA Raises Near-Term Inflation Forecast, Lowers Unemployment “The board expects that it will be some time yet before inflation is sustainably in the target range and will remain vigilant to upside risks,” the RBA said in a statement. “The board is not ruling anything in or out.” The Australian dollar fell as much as 0.4% to 65.98 US cents
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- 2/29/24 - Beat
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- 5/17/24 - Form 424B2
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- 5/17/24 - Form 424B3
- TD's page on the SEC website