Reserve Bank of Australia meeting —

At its 16 June 2026 meeting, the Reserve Bank of Australia held its policy rate at 4.35%.

Decision

hold — 4.35% to 4.35%

Key passages

the Board decided to leave the cash rate target unchanged at 4.35 per cent.

Rate hold as expected, but previous hikes total 75 bps this year.

I want to be very clear that inflation remains too high.

Reinforces that inflation is above target and a concern.

Meeting documents

Background reading

Previous meeting · Open the full decision workspace

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