Reserve Bank of Australia meeting —

At its 3 February 2026 meeting, the Reserve Bank of Australia raised its policy rate from 3.60% to 3.85%.

Decision

hike — 3.60% to 3.85%

Key passages

the Board decided to raise the cash rate by 25 basis points to 3.85 per cent.

Explicit rate hike signals near-term tightening.

The recent run of data gives the Board a clear enough view that the underlying pulse of inflation is too strong.

Inflation momentum remains a key concern.

Meeting documents

Background reading

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