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RBA Holds Cash Rate Steady, Eyes Possible Cut Ahead

2/15/2025

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Summary

Story summary

The Reserve Bank of Australia (RBA) has decided to maintain its cash rate at 4.35% for the ninth straight meeting, hinting at a more cautious approach. With wage pressures easing and inflation cooling, anticipation builds for a potential 25 basis point cut to 3.85% in the next meeting, a significant shift since November 2020.

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Story summary

The Reserve Bank of Australia (RBA) has decided to maintain its cash rate at 4.35% for the ninth straight meeting, hinting at a more cautious approach. With wage pressures easing and inflation cooling, anticipation builds for a potential 25 basis point cut to 3.85% in the next meeting, a significant shift since November 2020.