Australia unexpectedly holds policy rate as it awaits more inflation data

cnbc.com/2025/07/08/rba-holds-rates-unexpectedly-as-it-waits-for-more-inflation-data.html

Australia's central bank held its policy rate at 3.85%, saying it needed more time to assess inflation data.
Economists polled by Reuters had been expecting a cut of 25 basis points to 3.6%.
In its statement Tuesday, the Reserve Bank of Australia said it was waiting for "a little more…

This story appeared on cnbc.com, 2025-07-08 04:46:42.
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