The Reserve Bank of Australia decided to keep its benchmark interest rate unchanged at its March meeting on Tuesday, while the policy board said the economic outlook and the interest rate path are uncertain as inflation remains high, although it is moderating.
The policy board of the RBA, led by Governor Michele Bullock, decided to maintain the cash rate target at 4.35 percent for the third straight meeting.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.