RBA Board June Meeting Minutes

ANZ provides analysis on the June RBA Board meeting minutes, noting the Board's hawkish tone despite maintaining the cash rate at 4.35%. The RBA remains focused on unwinding excess demand to bring inflation back to target.

Key Takeaways

• 1.The RBA Board remains hawkish, keeping the cash rate at 4.35% with a stated willingness to increase rates if necessary to curb inflation.
• 2.Economic activity is slowing as expected, but persistent excess demand and widespread inflation pressures keep the policy stance restrictive.

Table of Contents

• RBA Board June meeting minutes

Document Preview

Page 1 of 4

Subscribe for full accessStart Free Trial