RBA Holds Rates, Markets Await US Housing Data

The Reserve Bank of Australia (RBA) left its official cash rate unchanged at 4.35% on August 11, 2026, as expected by market participants.

RBA Governor Michele Bullock emphasized persistent core inflation pressures in the accompanying Statement on Monetary Policy and public address, signaling a cautious approach toward potential monetary easing.

The Australian dollar remains under scrutiny following the RBA rate decision, policy statement, and Governor Bullock's remarks. The currency is setting the tone for the day.