SYDNEY—The Reserve Bank of Australia left official interest rates on hold, chalking up a full year without fundamentally changing its policy stance while also not ruling out a further interest-rate increase.

Australia's central bank held its benchmark interest rate at 4.35% for the eighth meeting in a row. The Reserve Bank of Australia wrote in its statement that "inflation has fallen substantially since the peak in 2022," but also added that underlying ...

Australia's central bank held interest rates steady on Tuesday, as expected, and cautioned policy would need to stay restrictive for some time yet, strongly suggesting borrowers could expect no Christmas cheer this year.