42 of 45 Economists Expect RBA to Hold Cash Rate at 4.35% on June 16

According to a Reuters survey, 42 of 45 economists expect the Reserve Bank of Australia to maintain its cash rate at 4.35% at its June 16 decision.

For the September quarter, 26 of 44 economists forecast the cash rate will remain at 4.35%, while 18 expect it to rise to 4.60% or higher.

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