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Another Australian Central Bank Rate Hike, and This One Was Not Anticipated

With Australian consumer price inflation receding to 7.0% last quarter from 7.8% in the final quadrant of 2022, analysts were expecting officials at the Reserve Bank of Australia to leave the Official Cash Rate steady at 3.85%. Instead, such was raised for the twelfth time since May 2022. This was the seventh 25-basis point increase […]... Read More

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Posted: Jun 6 2023, 13:17

Author Name: feedburner

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