RBA Holds Key Rate as Expected
The Reserve Bank of Australia kept its cash rate unchanged at 4.35% at its June meeting, in line with expectations, following three increases earlier this year. The decision reflects a material pickup in inflation in H2 2025, which remains elevated in 2026 due to stronger capacity pressures and higher fuel and commodity prices linked to the Middle East conflict. While oil prices have eased recently, they remain above pre-conflict levels, with evidence of cost pass-through to goods and services. Inflation expectations have eased but remain elevated..(asd)
Source: Newsmaker.id