Why the RBA held rates

Mortgage-borrowers across the country have been left shell-shocked by the RBA's decision to keep the cash rate steady at 3.85 per cent. Treasurer Jim Chalmers says "it's not the result millions of Australians were hoping for."

But while the Government has been at pains to stress the RBA makes decisions independently, with global instability continuing, is this a sign there are more rough economic waters ahead of us?Patricia Karvelas and Tom Crowley break it all down on Politics Now.

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