IN FULL: The Reserve Bank has kept the cash rate on hold at 4.35 per cent | ABC News

The Reserve Bank of Australia (RBA) has kept interest rates on hold at 4.35 per cent.
Interest rates will remain at this level for another six weeks, until the RBA Board's next meeting in late September.
The decision comes amid a dramatic spike in volatility in financial and stock markets in recent days, with a huge stock sell-off wiping trillions of dollars in value from major tech companies globally.
Subscribe: ab.co/1svxLVE
Read more: www.abc.net.au...
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: ab.co/2lNeBn2
Like ABC News on Facebook: / abcnews.au
Follow ABC News on Instagram: / abcnews_au
Follow ABC News on X (Twitter): / abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia