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Another 25bp Hawkish Hike from the RBA

Summary of the RBA’s February 2023 statement: The RBA hiked the cash rate target by 25 basis points to 3.35% Underlying inflation was above expectations at 6.9% Strong domestic demand is adding to the inflationary pressures CPI is expected to decline this year due to global factors and slower growth in domestic demand Medium-term inflation […] The post Another 25bp Hawkish Hike from the RBA appeared first on Action Forex... Read More

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Another

25bp

Hawkish

Hike

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Forex

Posted: Feb 7 2023, 04:59

Author Name: actionforex

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