ABC News – Top stories
·general
·1 hour ago
Breaking: Reserve Bank keeps interest rate at 4.35pc as economy slows
The Reserve Bank maintained Australia's interest rate at 4.35 percent on June 16, 2026, amid a slowing economy. The decision was unanimous, as recent data showed rising unemployment and lost economic momentum. The bank aims to assess performance before considering further adjustments, with the next meeting scheduled for August 10-11.
Summary by OZbrief · ABC News – Top stories
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