Reserve Bank Keeps Rates Steady, Inflation Concerns Loom
Update: 2025-12-09
Description
The Reserve Bank of Australia maintained interest rates at three point six percent, ending a year of three rate cuts that saved homeowners over two hundred seventy dollars a month. Despite recent inflation increases, the cash rate is likely to remain steady through 2026, impacting business confidence which fell to its lowest level since April. The Reserve Banks concern about the economy operating at full capacity and inflation above its target range influenced this decision.
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