Thanks afternoon crew.
End-of-day wrap:
The share market trimmed a losing session after the Reserve Bank left benchmark rates on hold for a third month but reiterated its willingness to raise again if necessary to control inflation.
The ASX 200 closed just five points or 0.06% in the red after earlier falling as much as 48 points. Gains in healthcare providers and supermarkets helped offset declines in resource stocks and utilities.
The central bank left the cash rate target unchanged at 4.1% to allow more time to assess the impact of previous hikes. The bank acknowledged inflation had peaked but said it remained too high and would likely "remain so for some time yet".
"Some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable timeframe," Philip Lowe said in his last meeting as governor of the bank.
