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Australia central bank debated rate hike in August, with board divided

Some members saw upside inflation risks, while others said the 4.35% cash rate and cooling price pressures allowed more time.

Summary by WTVB
SYDNEY, Aug 25 (Reuters) - The nine-member policy board of Australia's central bank was divided on whether to raise interest rates at its August policy meeting, with "several" judging a hike might be necessary given upside risks to inflation. Minutes o...

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Australia central bank debated rate hike in August, with board divided

·London, United Kingdom
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Australia Threatens Another Rate Rise: 4.35% May Not Be the Ceiling

The Australian central bank kept the price of money at 4.35%, but its records reveal that several members see a new hardening possible if inflationary pressures persist.

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BizTocBizToc

Australia's central bank considered 25 bps rate hike

The Reserve Bank of Australia (RBA) considered raising its cash rate by 25 basis points in August before unanimously deciding to keep it unchanged at 4.35%, minutes from the meeting showed.Board membe...

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WTVB broke the news on Tuesday, August 25, 2026.
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