RBA interest rates: Reserve Bank holds official cash rate at 4.35% as economy slows and unemployment rises
Overview
Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year
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The Reserve Bank has left its official interest rate on hold at 4.35%, after economic activity slowed and unemployment hit a four-year high.
Details
The widely expected decision on Tuesday will bring little relief to mortgage holders, already strained by the RBA’s three consecutive rate hikes earlier in 2026.
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Originally published at www.theguardian.com.