07.10.2022
Chicago 12, Melborne City, USA
Politics

Reserve Bank of Australia Sees Flexible Path Forward

Summary The Reserve Bank of Australia (RBA) raised its Cash Rate by 50 bps to 1.85% at its August meeting and signaled that further rate hikes will be needed to bring inflation back towards the target over time. Several elements of the monetary policy announcement were essentially unchanged from previous meetings. However, there were also some…

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