RBA News Today, Nov 4: Inflation Concerns Hold Cash Rate Steady

Today, the Reserve Bank of Australia (RBA) opted to keep its cash rate steady at 3.6%. This decision comes as the central bank navigates rising inflation and increased housing prices. With these economic factors in play, the RBA is signaling that further rate cuts are unlikely this year. As expectations of higher inflation in 2026 grow, investors and economic analysts are closely monitoring the situation.