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Economics4h 16m ago

The Reserve Bank of Australia held its cash rate at 4.35%, ending a run of three increases, but Governor Michele Bullock warned that inflation remains too high.

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Australia

Who
Michele Bullock, Jim Chalmers, Reserve Bank of Australia (RBA)
What
The Reserve Bank of Australia held its cash rate at 4.35%, ending a run of three increases, but Governor Michele Bullock warned that inflation remains too high.
When
Tue, 16 Jun 2026 15:00:08 GMT · 4h 16m ago
Where
Australia ·
Why
The RBA is battling to bring consumer price growth into the 2-3% target range.
The Frontline Impact

How this affects you

While a Middle East ceasefire could eventually support commodity flow and lower prices, the RBA indicates it won't immediately ease inflationary pressure, suggesting potential for further monetary policy tightening.

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  1. Currently Reading4h 16m ago
    The Reserve Bank of Australia held its cash rate at 4.35%, ending a run of three increases, but Governor Michele Bullock warned that inflation remains too high.
  2. Economics4h 16m ago
    The Reserve Bank of Australia held its cash rate at 4.35%, ending a run of three increases, with Governor Michele Bullock stating that inflation remains too high.
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