RBA interest rates: Reserve Bank holds cash rate at 4.35% as house prices continue to fall
The Reserve Bank of Australia has maintained the cash rate at 4.35% amid falling house prices and persistent inflation concerns. Governor Michele Bullock is expected to provide further commentary on the economic outlook.
Why it matters
Interest rate decisions directly impact household mortgage costs and the broader Australian economic stability.
RBA interest rates: Reserve Bank of Australia governor Michele Bullock is set to speak this afternoon after the cash rate was held at 4.35%. Photograph: Dean Lewins/AAP RBA interest rates: Reserve Bank of Australia governor Michele Bullock is set to speak this afternoon after the cash rate was held at 4.35%. Photograph: Dean Lewins/AAP Australian economy RBA interest rates: Reserve Bank holds cash rate at 4.35% as house prices continue to fall In a widely expected decision, the Reserve Bank of Australia holds interest rate after three consecutive hikes
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Prefer the Guardian on Google The Reserve Bank has held the cash rate at 4.35% in a widely expected decision despite persistent worries about elevated inflation.
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