RBA decision: Case rate set at 3.60% vs 3.60% expected

December 9, 2025
-FXnews

Prior was 3.60%
The decision was unanimous
The last cut was in August
The next decision is Feb 3

Highlights from the statement:

Recent data suggests risks to inflation have tilted to the upside, but it will take “a little longer” to assesses the persistence of inflation pressures
Various indicators suggest that labor market conditions remain a little tight
Board will be attentive to the data and the evolving assessment of the outlook and risks to guide its decisions
Economic activity continues to recover
Uncertainty in the global economy remains significant but so far there has been minimal impact on overall growth and trade in Australia’s major trading partners

Is this the bottom in rates? The market is pricing in a hike by August 2026.

AUD/USD fell about 15 pips on the headlines but quickly recovered, suggesting the market was worried about something more hawkish

RBA decision: Case rate set at 3.60% vs 3.60% expected

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