RBA leaves interest rates unchanged after three straight hikes
Following three consecutive rate rises, the central bank’s monetary policy board voted unanimously to leave the cash rate steady at 4.35% on Tuesday.
The Reserve Bank of Australia has left interest rates on hold for the first time in 2026 as the nation’s economy deteriorates and questions linger over a potential peace deal in the Middle East.
Following three consecutive rate rises, the central bank’s monetary policy board voted unanimously to leave the cash rate steady at 4.35% on Tuesday.
The decision was anticipated by the majority of economists and financial markets.
But the question now is whether it heralds the end of the bank’s hiking cycle or is merely a pause before the next move upwards.
Sign up to continue
You've reached your article limit. Create a free account, or log in to continue.
Get our free newsletters in your inbox and extended article access by submitting your email.
Comments