Reserve Bank of Australia (RBA) raises cash rate to 3.85%
Posted
@ Feb 3rd 2026 5:25pm
- By GCPN Admin
Reserve Bank of Australia (RBA) raises cash rate to 3.85%
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.85%.
While inflation has fallen substantially since its peak in 2022, it picked up materially in the second half of 2025. The Board has been closely monitoring the economy and judges that some of the increase in inflation reflects greater capacity pressures. As a result, the Board considers that inflation is likely to remain above target for some time.
Source: RBA https://www.rba.gov.au/media-releases/2026/mr-26-03.html