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Goldman Sachs says RBA review has “hawkish implications” for monetary policy

Goldman Sachs says RBA review has “hawkish implications” for monetary policy
Bloomberg carry the comments from Goldman Sachs on the Reserve Bank of Australia review. While the review recommended keeping the Reserve Bank’s 2-3% inflation target, it removed the current vague “over time” caveat and instead focused on the 2.5% mid-point of the goal. The report also said the RBA’s full employment objective should be given equal weight to containing inflation.Goldman Sachs says:“Together, we view these changes as prioritizing a more precise inflation target over an implicitly... Read More
Posted: Apr 21 2023, 02:07
Author Name: forexlive
Views: 082014

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