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Economics1h 47m 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.

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 · 1h 47m 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.

Story chain

2 events in this thread
  1. Currently Reading1h 47m 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. Economics1h 47m 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.
    Open article

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