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RBA Holds Rates at 4.35% on June 16, Does Not Rule Out Further Hikes

2026-06-16 06:47:11

According to Jin10, the Reserve Bank of Australia kept interest rates unchanged at 4.35% on June 16, maintaining its stance after three consecutive rate hikes earlier in the year. While holding rates steady this meeting, the central bank signaled it remains prepared to tighten policy further if necessary, noting that delayed action on inflation could prove too late. The RBA cited elevated inflation levels and upside risks from elevated global oil prices, which have begun impacting goods and services prices.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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