RBA interest rates decision Tuesday: Board holds rate at 4.35 per cent after US Federal Reserve slashed its key interest rate

The official interest rate has been paused again, despite growing political pressure on the Reserve Bank to start lowering the cash rate from a 12-year high.

In Tuesday’s sixth decision of the year, the RBA held rates again at 4.35 per cent, as it has been since the most recent hike last…