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RBA December Minutes: Further rates hikes will likely be needed to balance supply & demand
Reserve Bank of Australia December meeting minutes
Headlines via Reuters:
- Board considered hiking by 25bp, 50bp or pausing at the December meeting
- Board saw arguments for each option but the 25bp hike had the strongest case
- A range of options for the cash rate will be considered in coming meetings
- Further rise in rates likely to be needed to balance demand and supply in the economy
- Board noted no other central bank had yet paused its tightenin... Read More
Posted: Dec 20 2022, 00:31
Author Name: forexlive
Views: 111580