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	Podcast:		ABC News Daily
	Episode:		Why the RBA shocked borrowers and held rates
	Category:		News & Politics
	Duration:		00:16:18
	Publish Date:		2025-07-08 08:22:00
	Description:		The Reserve Bank board has defied the expectations of investors, many economists and even the treasurer. It’s not giving borrowers an interest rate cut this month, revealing a six to three split on the decision to keep rates on hold. Today, the ABC’s business editor Michael Janda on whether the RBA is playing it too safe. Featured: Michael Janda, ABC Business Editor
	Total Play:		0