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Economics2h 48m ago

The Reserve Bank of Australia (RBA) kept the official interest rate on hold at 4.35% yesterday, its 2024 peak.

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Australia

Who
RBA governor Michele Bullock, Barrenjoey chief rates strategist Andrew Lilley, eToro lead APAC analyst Josh Gilbert, Ebury economist Anthony Malouf, ANZ Group Holdings Ltd head of Australian economics Adam Boyton, Commonwealth Bank of Australia economists
What
The Reserve Bank of Australia (RBA) kept the official interest rate on hold at 4.35% yesterday, its 2024 peak.
When
Wed, 17 Jun 2026 02:40:21 GMT · 2h 48m ago
Where
Australia ·
Why
The RBA is balancing the risks of weaker growth and elevated inflation, and has already hiked the cash rate three times this year to combat resurgent inflation.
The Frontline Impact

How this affects you

Following the RBA's decision to hold rates, the ASX 200 experienced a slight recovery. Analysts anticipate the first RBA interest rate cuts in 2027.

Story chain

3 events in this thread
  1. Economics2h 48m ago
    The RBA kept the official Aussie interest rate on hold at 4.35% yesterday, with investors now anticipating when the central bank might cut rates.
    Open article
  2. Currently Reading2h 48m ago
    The Reserve Bank of Australia (RBA) kept the official interest rate on hold at 4.35% yesterday, its 2024 peak.
  3. Economics2h 48m ago
    The Reserve Bank of Australia (RBA) kept the official interest rate on hold at 4.35% yesterday, leading to varied predictions from economists and strategists regarding future rate cuts.
    Open article

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