{
  "data": {
    "id": "reserve-bank-of-australia-2026-06-16",
    "bank": "reserve-bank-of-australia",
    "bankName": "Reserve Bank of Australia",
    "country": "AU",
    "date": "2026-06-16",
    "announceAt": "2026-06-16T04:30:00Z",
    "timezone": "Australia/Sydney",
    "dateStatus": "published",
    "movedFrom": null,
    "rateBefore": 4.35,
    "step": 0.25,
    "calendarSource": "https://www.rba.gov.au/schedules-events/calendar/",
    "citation": "RBA yearly calendar lists the Monetary Policy Decision Statement media release for 2026-06-16 at 2.30 pm AEST (UTC+10:00); board meeting schedule 2026 lists the two-day meeting.",
    "settleSource": {
      "role": "decision-statement",
      "pattern": "https://www.rba.gov.au/media-releases/<YYYY>/mr-<YY>-<NN>.html (sequential media release number, not tied to the date)",
      "foundAt": "https://www.rba.gov.au/statistics/cash-rate/",
      "example": "https://www.rba.gov.au/media-releases/2026/mr-26-27.html",
      "resolvable": false,
      "reads": {
        "right": 0,
        "wrong": 0,
        "void": 0
      }
    },
    "observed": {
      "at": "2026-06-16",
      "rateBefore": 4.35,
      "rateAfter": 4.35,
      "direction": "hold",
      "statement": "https://www.rba.gov.au/media-releases/2026/mr-26-15.html",
      "observed": true
    },
    "page": "https://macroindex.org/bank/reserve-bank-of-australia/decision/2026-06-16",
    "account": {
      "summary": "The Reserve Bank of Australia left the cash rate target unchanged at 4.35% after three increases earlier in 2026.",
      "vote": "unanimous",
      "reasons": [
        "The Board said inflation remained too high and that higher fuel prices from the Middle East conflict were adding to inflation directly and spreading to other goods and services.",
        "It judged that holding the rate was appropriate while it assessed the effects of the three increases this year, which had tightened financial conditions, and of the oil supply disruption.",
        "The Board noted that consumer spending growth was slowing and that the unemployment rate in April was higher than expected."
      ],
      "guidance": "The Board said it would do what it considers necessary, including increasing the cash rate target further if required.",
      "links": [
        {
          "label": "Minutes",
          "url": "https://www.rba.gov.au/monetary-policy/rba-board-minutes/2026/2026-06-16.html"
        }
      ],
      "readFrom": [
        "https://www.rba.gov.au/media-releases/2026/mr-26-15.html"
      ],
      "at": "2026-10-10"
    }
  },
  "meta": {
    "dataset_version": "2026-10-10.30752eb2",
    "built_at": "2026-10-10T18:04:32Z",
    "generated_at": "2026-10-10T21:52:00.394Z",
    "licence": "CC BY 4.0: credit \"Macro Index\" and link to the site",
    "docs": "https://macroindex.org/openapi.json"
  }
}