RBA holds official interest rate at 3.6% while warning of rising house prices and rents
by Luca Ittimani from World news | The Guardian on (#7178M)
Reserve Bank's decision to leave cash rate on hold was widely expected and major banks predict no interest rates cut until 2026
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The Reserve Bank has left the official interest rate on hold, as it warned house prices and rents will rise in 2026 after a surprise rebound in inflation.
The RBA's monetary policy board on Tuesday unanimously voted to keep the cash rate at 3.6%, where it has sat since August.
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