Global Markets | Australian stocks rebound from 7-week low as RBA minutes hint at near-term rate pause
- Posted on May 19, 2026
- By Business News Today
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- 1 min read
Global Markets | Australian stocks rebound from 7-week low as RBA minutes hint at near-term rate pause
Australian shares rebounded as the Reserve Bank of Australia's minutes signalled a cautious approach after three interest rate hikes. Policymakers acknowledged current policy is restrictive, leading to expectations of a near-term pause. Financials, industrials, and real estate stocks drove the gains, while miners dipped.
