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RBA Board Pauses in July, to Take More Time to Assess the Outlook

RBA Board Pauses in July, to Take More Time to Assess the Outlook
The Board has paused but the reasons we have given to support our call for a hike in July remain. Target terminal rate still 4.6% with 25bp hikes expected in both August and September. The Reserve Bank Board held the cash rate steady at 4.1% at its July meeting. The reason was: “to provide some […] The post RBA Board Pauses in July, to Take More Time to Assess the Outlook appeared first on Action Forex... Read More
Posted: Jul 4 2023, 07:48
Author Name: actionforex
Views: 111596

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