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The RBA is stuck in a tug-of-war, as it holds rates steady
The Reserve Bank of Australia (RBA) has ended the year with a steady hand, keeping the cash rate at 3.6% at its final meeting of 2025. The decision was widely expected, but the real story is in the statement by the monetary policy board and what it reveals about the RBA's thinking for next year. The RBA acknowledged inflation has become more complicated.