RBA Surprises Markets by Holding Interest Rates at 3.85% 🔥

Micaela Fuchila, chief economist at Jarden, says the Reserve Bank has surprised the markets and most economists by keeping interest rates unchanged at 3.85%.
The market widely expected the RBA to cut interest rates for the third time this year.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2025-07-08/reserve-bank-cash-rate-on-hold-3-85-shock-july/105507308

ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.

For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
Follow ABC NEWS on X (Twitter): http://twitter.com/abcnews

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia