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The RBA website has outdated data on it, big time!

I've been posting this little pic as a non-PhD guide to what the RBA will raise its cash rate at its first meeting of the year coming up on February 7:

Yeah, the cash rate is 3.1%. The inflation target is 2 to 3%. Inflation is 7.3%. I ain't no PhD but even a humble spot monkey can see that something's gotta give (*and that'd be the cash rate, it needs to go higher.

Anyway, that pic is still there but it needs to be updated due to today's data:

It took all my self-control no... Read More

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Posted: Jan 25 2023, 01:39

Author Name: forexlive

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