Rba Monetary Policy Board's June Meeting

The RBA left the cash rate unchanged at 4.35% following a unanimous vote, citing signs of economic slowing while maintaining a hawkish stance to combat persistent inflation.

Key Takeaways

• 1.The RBA Board kept the cash rate at 4.35% with a unanimous vote.
• 2.The policy statement maintains a hawkish tone, keeping the option of future rate hikes open to address persistent inflation.
• 3.Economic growth is slowing as expected, but the RBA remains wary of inflation risks stemming from the Middle East conflict and potential energy price shocks.

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• RBA Monetary Policy Board's June meeting

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