Australia’s central bank caught markets off guard by holding interest rates steady at 3.85%, bucking widespread expectations of a hike. The Reserve Bank highlighted economic uncertainty and easing inflation as the main reasons for pressing pause this time around
Breaking: In a surprising twist that stunned markets, the Reserve Bank of Australia has chosen to keep interest rates unchanged in a split decision, going against widespread predictions of a cut amid persistent economic uncertainty
The RBA is poised to deliver rapid rate cuts if economic instability arises from Trump’s policies, according to minutes that highlight a determined commitment to strengthening Australia’s economy amid global uncertainties
