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Australia central bank keeps rates steady at 4.35% as inflation remains elevated

CNBC · Jun 16, 2026, 4:55 AM · Also reported by 4 other sources

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The Reserve Bank of Australia held rates at 4.35% Tuesday, while stating that it was ready to raise rates to manage price stability and full employment.
The unanimous move was in line with economists polled by Reuters, and comes as Canberra fights to tamp down inflation in the country.

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The Reserve Bank of Australia held rates at 4.35% Tuesday, while stating that it was ready to raise rates to manage price stability and full employment.

The unanimous move was in line with economists polled by Reuters, and comes as Canberra fights to tamp down inflation in the country.

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Australia central bank keeps rates steady at 4.35% as inflation remains elevated

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