According to Odaily, the Reserve Bank of Australia has indicated that the current cash rate of 4.35% may remain unchanged for an extended period. The committee had previously considered a rate hike but decided to maintain the rate to better balance risks. It is likely that the cash rate will need to stay stable for a 'considerable period.' The members unanimously agreed that a rate cut is unlikely in the short term. Vigilance is required regarding the upward risks to inflation, and the policy needs to remain tight.