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RBA back on the narrow path

Wednesday 30th September 2026

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Following the Reserve Bank of Australia’s unanimous decision to raise the cash rate by 25 basis points to 4.60%, market attention has shifted to Governor Michele Bullock’s post-meeting press conference. NAB's Taylor Nugent says her commentary hinted that the RBA may be returning to its "narrow path" balancing inflation control against labour market conditions, softening some of the hawkish expectations for follow-up hikes. Meanwhile, global bond yields continue their…

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