RBA interest rates: Reserve Bank of Australia leaves cash rate on hold at 3.85%

admin July 8, 2025 Leave a Comment

Decision will come as shock to financial markets and large majority of experts who were sure RBA board would cut for a second straight meeting

A divided Reserve Bank of Australia has held rates at 3.85%, in a surprise decision that denies further mortgage relief for millions of households.

The split decision came as a shock to financial markets and a large majority of experts who were sure the RBA board would cut interest rates for a second straight meeting.

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