February, 18 2026 Wednesday 06:42 Hrs
Last update 11-9-2025
  • SENSEX :   83,450.96

  • Commodity broking firm in India173.81( 0.21%) 17-Feb-2026

Mid Session Commentary - Detailed News

Economic Buzz: RBA reverses easing cycle, lifts benchmark rate to 3.85%
17-Feb-26   10:45 Hrs IST
The Reserve Bank of Australia lifted the cash rate by 25 bps to 3.85% at its first 2026 meeting, marking its first hike since late 2023 as persistent services inflation and a tight labour market rekindled price pressures. Officials cautioned that inflation may stay above the 2'3% target for a while longer, stressing that future moves will be strictly data-driven as the bank balances inflation control with sustaining economic momentum.

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