The Reserve Bank of Australia maintains interest rates at 4.35%, while the ASX finishes higher with a boost from miners amid optimistic commodity prices. Wall Street also sees gains in trading, marking the day’s events.

RBA Governor Michele Bullock expresses her inclination to await greater confidence in inflation before contemplating a rate cut, following the central bank’s decision to keep the cash rate steady at 4.35 percent. In other news, the Australian share market concludes on a positive note following a subdued session, while the Bank of Japan implements its first rate hike since 2007. Recap the day’s business and financial developments as they unfolded through our blog.

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