FC Capital says RBA holds rates as Australia waits for impact of three 2026 hikes

  • Fc Capital market update for June 2026 flagged a pause in Australian tightening, with the RBA holding rates after three rises.
  • Consumer sentiment fell 2.9% to 80.6 in June, while May household spending rose 1.3% m/m; Q1 GDP growth slowed to 0.3% q/q.
  • Headline inflation eased in May, while the RBA’s trimmed-mean measure continued to rise, keeping focus on underlying domestic price pressures.
  • In the US, the Fed left rates unchanged; May PCE inflation rose to 4.1% y/y from 3.8%, while trimmed-mean PCE fell.
  • Oil prices moved back near pre-war levels; the ECB raised rates 25 bps, while the BoJ lifted rates to 1%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fc Capital Holdings Pty Ltd published the original content used to generate this news brief on July 06, 2026, and is solely responsible for the information contained therein.