- Prior was 3.60%
- The choice was unanimous
- The final minimize was in August
- The following determination is Feb 3
Highlights from the assertion:
- Current information suggests dangers to inflation have tilted to the upside, however it should take “slightly longer” to assesses the persistence of inflation pressures
- Numerous indicators recommend that labor market circumstances stay slightly tight
- Board might be attentive to the information and the evolving evaluation of the outlook and dangers to information its selections
- Financial exercise continues to recuperate
- Uncertainty within the international financial system stays important however to date there was minimal affect on total development and commerce in Australia’s main buying and selling companions
Is that this the underside in charges? The market is pricing in a hike by August 2026.
AUD/USD fell about 15 pips on the headlines however rapidly recovered, suggesting the market was apprehensive about one thing extra hawkish. A little bit of the March hike likelihood has light, all the way down to about 27% from 33%.
The upcoming inflation figures are going to be main AUD movers.
RBA charge historical past
