RBA’s slowdown will make Australia’s ‘political earthquake’ worse (opens original article in a new tab)

The Reserve Bank of Australia kept interest rates steady at 4.35% with a unanimous decision, despite ongoing economic slowdown pressures.

• RBA left the official cash rate unchanged at 4.35%
• RBA board made unanimous decision to hold rates after three consecutive hikes
• RBA governor Michele Bullock has limited ability to influence the economic slowdown