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A rate hold - but will it last?
Published 1 week, 6 days ago
Description
After three rate hikes in 2026, the Reserve Bank has finally hit pause - leaving the cash rate unchanged at 4.35 per cent.
The Board says inflation is “still too high” and that higher fuel prices are “passing through to the prices of other goods and services”, but decided to hold steady while it assesses the impact of earlier increases.
Carrington Clarke and ABC News Business Editor Michael Janda unpack the unanimous decision on ABC Business Daily.
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