Australia's central bank keeps cash rate unchanged at 4.35 pct

SYDNEY, Dec. 5 (Xinhua) -- The Reserve Bank of Australia (RBA) on Tuesday decided to keep the cash rate target on hold at 4.35 percent, after raising the rate by 25 basis points last month.

Following a monetary policy meeting, RBA Governor Michele Bullock said in a statement that holding the cash rate steady at this meeting would allow time to assess the impact of the increases in interest rates on demand, infla