18/06/2026
The Reserve Bank of Australia has held interest rates steady at 4.35% following a series of recent increases, signalling a more cautious, “wait and assess” approach. However, while rates are on hold for now, the Bank has maintained a clear tightening bias, with inflation still sitting above target and expected to remain elevated for some time.
In this latest update, AMP's Chief Economist Dr Shane Oliver outlines why the pause should not be interpreted as the end of the rate-hiking cycle, and what ongoing inflation pressures could mean for interest rates, markets and the broader economy in the months ahead. Click the link below to read the update.
The RBA's decision to leave rates on hold at 4.35% was no surprise with the money market pricing in no change ahead of the meeting and all 26 economists surveyed by Bloomberg expecting the same.
