Breaking: RBA defies expectations of interest rate cut, keeping rates on hold
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Breaking: RBA defies expectations of interest rate cut, keeping rates on hold | Breaking News & Latest Australia Updates
Breaking: RBA defies expectations of interest rate cut, keeping rates on hold — Topic:Interest Rates The RBA's cash rate was last at 3.6 per cent in April 2025.(AAP: Brendan Esposito) The Reserve Bank has not delivered an interest...
Topic:Interest Rates
The RBA's cash rate was last at 3.6 per cent in April 2025.(AAP: Brendan Esposito)
The Reserve Bank has not delivered an interest rate cut in July as had been widely forecast, instead keeping the cash rate on hold at 3.85 per cent.
The decision defied financial market expectations, which had priced in a 96 per cent chance of a 0.25 percentage point cut, and economist forecasts.
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