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Live: RBA tipped to keep rates on hold as US-Iran deal sends stocks soaring
Key takeaways
- The cash rate is widely forecast to remain unchanged at 4.35 per cent, after three consecutive rate hikes this year.
- Meanwhile, the US-Iran ceasefire deal buoyed sentiment among investors, with the Dow rallying to a record close on Wall Street.
- Follow the day's financial news and insights from our specialist business reporters on our live blog.
Why this matters: an international story with cross-border implications worth tracking.
Link copied Share Share article The Reserve Bank board will wrap up its two-day June meeting with a decision on interest rates at 2:30pm AEST.
The cash rate is widely forecast to remain unchanged at 4.35 per cent, after three consecutive rate hikes this year.
Meanwhile, the US-Iran ceasefire deal buoyed sentiment among investors, with the Dow rallying to a record close on Wall Street.
Article preview — originally published by ABC Australia. Full story at the source.
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