RBA leaves cash rate unchanged at 4.35%, as expected
The RBA has left cash rate unchanged at 4.35% as expected due to the current inflationary picture remains above RBA's target range. RBA is waiting for the CPI to go lower before easing where we expect will be around the upperband of target range by year end 2024.
AUD/USD is trading 0.38% higher at 0.6863.
