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The Reserve Bank of Australia (RBA) has maintained its cash rate target at 4.35%, in line with expectations. The actual rate remains unchanged from the previous level. The RBA interest rate decision was closely watched, with the actual rate matching forecasts and previous figures. The RBA press conference is scheduled to follow shortly. In a separate event, the Bank of Japan (BOJ) announced its rate decision at 0% - 0.1%, in line with expectations and the previous rate.
LIVE: US Fed, FOMC Meeting Outcome Today: Powell-led FOMC keeps key rates unchanged https://t.co/kvLhDK6J5a
Australia employment very strong: 116,463 jobs vs 40,000 expected -Jobless rate fell to 3.7% (estimate 4.0%) from 4.1% in January -Full-time employment rose 78,210 m/m versus revised +19.9k in January -Part-time employment rose 38,253 m/m versus revised -4.6k in January
AUSTRALIA (FEB) PART TIME EMPLOYMENT CHANGE ACTUAL: 38.3K VS -10.6K PREVIOUS
