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RBA announce a +25bp cash rate hike to 3.6%. As expected.

RBA announce a +25bp cash rate hike to 3.6%. As expected.

Reserve Bank of Australia monetary policy decision and accompanying statement from Governor Lowe.

Full text:

The previous forward guidance indicated more than one hike ahead, with this:

  • "The Board expects that further increases in interest rates will be needed over the months ahead"

This guidance... Read More

Posted: Mar 7 2023, 03:30
Author Name: forexlive
Views: 112019

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