The Reserve Bank is tipped to keep interest rates on hold today.
The Reserve Bank of Australia has kept interest rates on hold at 4.35 per cent.
Most experts are tipping interest rates will remain on hold but the question is when will they come down.
RBA maintains 4.35% rates with analysts forecasting no cuts until Q3 2027; consensus is prolonged pause despite mixed inflation signals. Extended high-rate environment will pressure enterprise IT budgets and reduce venture funding availability for tech startups through 2027.
Inflation is still too high and remains a central concern for the Reserve Bank of Australia, governor Michele Bullock said.
The Reserve Bank has kept interest rates on hold for the first time this year.