RBA Seen Holding Key Rate at 12-Year High as Inflation Stays Hot

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RBA Seen as the Only Other Major Central Bank at Risk of Hiking(Bloomberg) -- Australia’s central bank may have no choice but to resume raising interest rates this year if inflation fails to slow, according to money...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

RBA Seen as the Only Other Major Central Bank at Risk of HikingAustralia’s central bank may have no choice but to resume raising interest rates this year if inflation fails to slow, according to money markets, setting it up as a potential outlier to a post-pandemic global tightening cycle that has all-but ended.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

RBA Won’t Hesitate to Act if Inflation Is Stickier, Bullock SaysAustralia’s central bank is conscious of the high economic cost of above-target inflation and won’t hesitate to raise interest rates again if needed — though its assessment remains that this may not be required.
Source: BNNBloomberg - 🏆 83. / 50 Read more »