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Reserve Bank of Australia leaves cash rate unchanged amid hotly contested federal election campaignElection 2025 live updates: Australia federal election campaignGet our breaking news email, free app or daily news podcastThe Reserve Bank of Australia has left rates on hold at 4.1% in a widely anticipated decision that keeps the independent central bank on the sidelines amid a hotly contested election campaign.In an accompanying statement that is likely to firm bets for a cut at the next meeting in May, the monetary policy board showed building confidence that inflation is returning to target – even if members remained “cautious about the outlook”. Continue reading…
Reserve Bank of Australia leaves cash rate unchanged amid hotly contested federal election campaign
- Election 2025 live updates: Australia federal election campaign
- Get our breaking news email, free app or daily news podcast
The Reserve Bank of Australia has left rates on hold at 4.1% in a widely anticipated decision that keeps the independent central bank on the sidelines amid a hotly contested election campaign.
In an accompanying statement that is likely to firm bets for a cut at the next meeting in May, the monetary policy board showed building confidence that inflation is returning to target – even if members remained “cautious about the outlook”.