At its latest meeting, the Reserve Bank Board announced it was keeping the cash rate on hold at 4.35 per cent.
Inflation picked up materially in the second half of 2025, and information since the beginning of this year confirms that some of the increase reflected greater capacity pressures.
Short-term measures of inflation expectations have eased but remain higher than earlier in the year.
Please click here to view the Statement by the Monetary Policy Board: Monetary Policy Decision.
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