{"id":808864,"date":"2026-08-10T10:42:11","date_gmt":"2026-08-10T10:42:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/808864\/"},"modified":"2026-08-10T10:42:11","modified_gmt":"2026-08-10T10:42:11","slug":"australian-dollar-rba-set-to-hold-amid-inflation-risks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/808864\/","title":{"rendered":"Australian Dollar: RBA set to hold amid inflation risks"},"content":{"rendered":"<p>BNY\u2019s Geoff Yu and David Tam expect the Reserve Bank of Australia (RBA) to keep <a href=\"https:\/\/www.fxstreet.com\/rates-charts\/rates\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">rates<\/a> unchanged at 4.35%, noting that markets doubt its willingness to hike despite persistent inflation and robust labor and spending data. They flag housing weakness, lack of terms-of-trade support and poor productivity as structural drags, arguing that a policy hold aligns with a cautious, \u2018do no harm\u2019 approach.<\/p>\n<p>Stagflation tests central bank resolve<\/p>\n<p>&#8220;The RBA is expected to keep rates on hold at 4.35%, but there remains some degree of uncertainty over the inflation path.&#8221;<\/p>\n<p>&#8220;However, the market is clearly losing confidence on the RBA\u2019s ability to hike as stagflation continues to pressure the economy.&#8221;<\/p>\n<p>&#8220;Sentiment indicators, however, point in a different direction: the housing market, characterized by a domestic bank as \u201cbroad-based weakening,\u201d is a drag on demand due to wealth concentration.&#8221;<\/p>\n<p>&#8220;Weak productivity remains a challenge, with even the S&amp;P warning that falling per capita <a href=\"https:\/\/www.fxstreet.com\/economic-calendar\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">GDP<\/a> growth is one of the main downside risks to Australia\u2019s credit rating.&#8221;<\/p>\n<p>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. <a href=\"https:\/\/www.fxstreet.com\/info\/how-fxstreet-uses-ai?utm_medium=internal&amp;utm_source=ai-disclaimer\" rel=\"nofollow noopener\" target=\"_blank\">Know more.<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"BNY\u2019s Geoff Yu and David Tam expect the Reserve Bank of Australia (RBA) to keep rates unchanged at&hellip;\n","protected":false},"author":2,"featured_media":808865,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-808864","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/808864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=808864"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/808864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/808865"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=808864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=808864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=808864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}