Members of the Reserve Bank of Australia's monetary policy board felt that the central bank could still provide additional monetary easing because inflation remains in check, minutes from the bank's June 4 meeting revealed on Tuesday.
The easing might become necessary down the road, the bank said, since domestic growth has remained slightly below trend through the last four quarters.
Global economic activity has been in line with forecasts, the minutes showed.
At the meeting, the RBA left its cash rate on hold at 2.75 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.