{
  "data": {
    "id": "reserve-bank-of-australia-2026-08-11",
    "bank": "reserve-bank-of-australia",
    "bankName": "Reserve Bank of Australia",
    "country": "AU",
    "date": "2026-08-11",
    "announceAt": "2026-08-11T04:30:00Z",
    "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 2026-08-11 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": "2026-08-11T04:30:00Z",
      "rateBefore": 4.35,
      "rateAfter": 4.35,
      "direction": "hold",
      "statement": "https://www.rba.gov.au/media-releases/2026/mr-26-19.html",
      "observed": true
    },
    "page": "https://macroindex.org/bank/reserve-bank-of-australia/decision/2026-08-11",
    "account": {
      "summary": "The Reserve Bank of Australia left the cash rate target unchanged at 4.35%.",
      "vote": "unanimous",
      "reasons": [
        "The Board said inflation remained too high, with trimmed mean inflation elevated, and that it did not expect inflation to return to around the midpoint of the target range until late 2027.",
        "It noted that oil and related commodity prices remained above their levels before the Middle East conflict and that higher fuel costs were being passed through to other prices.",
        "The Board judged monetary policy to be somewhat restrictive after three increases this year, noting that consumer spending was slowing and labour market conditions had eased a little more than expected."
      ],
      "guidance": "The Board said it would hold the rate while it assessed the economy and could raise it further if upside risks to inflation materialised.",
      "links": [
        {
          "label": "Minutes",
          "url": "https://www.rba.gov.au/monetary-policy/rba-board-minutes/2026/2026-08-11.html"
        },
        {
          "label": "Media conference",
          "url": "https://www.rba.gov.au/speeches/2026/mc-gov-2026-08-11.html"
        },
        {
          "label": "Statement on Monetary Policy",
          "url": "https://www.rba.gov.au/publications/smp/2026/aug/"
        }
      ],
      "readFrom": [
        "https://www.rba.gov.au/media-releases/2026/mr-26-19.html"
      ],
      "at": "2026-10-10"
    }
  },
  "meta": {
    "dataset_version": "2026-10-10.30752eb2",
    "built_at": "2026-10-10T18:04:32Z",
    "generated_at": "2026-10-10T21:52:02.301Z",
    "licence": "CC BY 4.0: credit \"Macro Index\" and link to the site",
    "docs": "https://macroindex.org/openapi.json"
  }
}