Forex

RBA Holds Rates Steady Amid Inflation Fears

Guavy AI Editorial Team Published August 11, 2026

Instruments

AUD

The Reserve Bank of Australia (RBA) held its official cash rate steady at 4.35% on August 11, meeting market expectations.

RBA Governor Michele Bullock emphasized persistent core inflation pressures in a statement accompanying the decision, signaling caution toward potential monetary easing.

Australia's NAB Business Confidence index remained unchanged at -6 points for July, according to data released alongside the RBA's announcement.

The Wire

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