Jun 16, 2026 – 5.59pmThe Reserve Bank of Australia’s decision to keep interest rates on hold this month has emboldened traders and market economists that the central bank’s next move will be a rate cut despite the governor’s warning that the fight against inflation was far from over.“Today’s decision does not rule out further tightening in monetary policy if that is what is required to bring inflation down,” Reserve Bank governor Michele Bullock said shortly after the board’s unanimous decision to keep the cash rate at 4.35 per cent after three consecutive rate increases this year.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Rate pause gives bonds traders confidence RBA is done
Michele Bullock says she’s not ruling out further interest rate increases, but money markets are upping their bets that the next move could be down.
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