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RBA December Minutes: Further rates hikes will likely be needed to balance supply & demand

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

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