Central bank MPS sits tight on Cash Rate

Oct 28, 2026 | Economy, Latest News, Money Market

28.10.26 To general surprise across the banking sector, the Reserve Bank’s Monetary Policy Committee today voted 4 - 3 to hold the Official Cash Rate at 2.75% There was widespread expectation (with a few exceptions among economists and commentators) that the OCR would be boosted by 25 basis points due to concerns around inflation firming. […]

 


 

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