Australia Interest Rate Decision For June Unchanged At 4.35%
Portfolio Pulse from Benzinga Newsdesk
The Reserve Bank of Australia has decided to keep the interest rate unchanged at 4.35% for June. This decision may impact various financial instruments, including the iShares MSCI Australia ETF (EWA).
June 18, 2024 | 4:30 am
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NEUTRAL IMPACT
The Reserve Bank of Australia's decision to keep the interest rate unchanged at 4.35% for June may affect the iShares MSCI Australia ETF (EWA).
The decision to keep the interest rate unchanged suggests stability in the Australian economy, which could lead to a neutral impact on the iShares MSCI Australia ETF (EWA) in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80