The central bank left its main interest rate unchanged on Thursday, saying inflation is easing but that recent data on jobs and wages has been uneven.
In a statement, policymakers said they will watch the next two inflation reports closely before making any move. Markets had widely expected the decision.
Mortgage holders and small businesses will keep waiting for relief. Analysts said a cut is unlikely before the spring unless prices fall faster than forecast.
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Finally some balanced coverage instead of the usual headlines.
Thanks for reading and for the feedback!
Well written. More of this kind of in-depth journalism, please.
Good question. We will update the article as soon as there is word.