Minutes from the Reserve Bank of Australia's March 18-19 board meeting have revealed the Bank did not consider an additional increase to interest rates.
Minutes show the RBA had canvassed the option at every meeting since May 2022, when the infamous string of 13 rate hikes began.
HSBC Chief Economist Paul Bloxham says the Bank were content to hold the rates in place- and cuts can't be far behind.
LISTEN ABOVE

Enda Brady: UK correspondent on the additional calls for Sir Keir Starmer to resign
04:23

Paul Bloxham: HSBC Chief Economist ahead of Australia's 2026 federal budget
04:17

Jamie Mackay: The Country host on what the latest Rabobank agribusiness monthly report means for Kiwi farmers
04:46