RBA Holds Rates as Inflation Persists | Australia News

The RBA holds rates steady at 4.35% for the second straight meeting, signaling patience as inflation remains stubbornly above target—despite recent easing—while warning it’s not done yet. Global shocks like the Middle East conflict haven’t dented prices as feared, and core inflation still clings to elevated levels. Borrowers breathe a sigh of relief, but officials stress the pause doesn’t mean relief is coming soon; the door for future hikes remains wide open as the central bank stays laser-focused on getting inflation back under control. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f96fafb5be14862a