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RBA hikes 25bps, notes lower risk of prices-wages spiral

RBA hikes 25bps, notes lower risk of prices-wages spiral
RBA raised the cash rate target by 25bps to 3.60%, which was widely anticipated. The bank also signaled the need for further tightening of monetary policy. Nevertheless, there was a notable dovish twist in the the statement about a lower risk of prices-wages spiral. The central bank said monthly CPI indicator suggested that “inflation has […] The post RBA hikes 25bps, notes lower risk of prices-wages spiral appeared first on Action Forex... Read More
Posted: Mar 7 2023, 03:51
Author Name: actionforex
Views: 111057

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