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AAP
AAP
Business
Adrian Black

Shares trim losses as RBA holds rates, outlook unclear

Stocks ended the day flat after the RBA kept rates on hold and said a recession was unlikely. (James Gourley/AAP PHOTOS)

Australia's share market has squared an early dip for an almost flat finish, after the Reserve Bank held the cash rate steady and flagged a data-dependent path ahead as it walks the tightrope between sticky inflation and idling economic growth.

The S&P/ASX200 edged 3.7 points higher on Tuesday, up 0.04 per cent, to 8,917.7, as the broader All Ordinaries rose 3.3 points, or 0.04 per cent, to 9,131.3.

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