RBA Expected to Keep Rates Steady, Inflation Concerns Loom
Update: 2025-12-08
Description
Australias central bank, the Reserve Bank of Australia, is expected to keep interest rates steady after its final board meeting of the year. New data on wages and jobs suggests a cautious approach is warranted, with wages increasing by 0.8% in November and job growth remaining steady. However, recent inflation data for October showed annual prices rising by 3.8%, above the RBAs target range, leading some market watchers to consider the possibility of a rate hike in 2026 if inflation continues to accelerate.
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