Michele Bullock says the Reserve Bank wants to make sure inflation has been “nailed” after defying markets to hold interest rates steady today.

Decision will come as shock to financial markets and large majority of experts who were sure RBA board would cut for a second straight meeting

All big four banks now expect the RBA to cut interest rates next week.

All big four banks now expect the RBA to cut interest rates next week.

The Bank of Israel is expected to leave short-term interest rates unchanged next week but analysts believe a cut is possible as early as August...

The Bank of Israel is expected to leave short-term interest rates unchanged next week but analysts believe a cut is possible as early as August...

With markets all but assured the Reserve Bank board will cut interest rates at its upcoming meeting, the bigger question for traders is what they say...

With markets all but assured the Reserve Bank board will cut interest rates at its upcoming meeting, the bigger question for traders is what they say...

Australia’s housing market has received a shot of confidence, with new data from the Australian Bureau of Statistics (ABS) revealing a notable rise...

All of the nation’s biggest banks believe official interest rates will be cut when the Reserve Bank meets next week.