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Will the RBA Alter Its Monetary Policy Trajectory Under the Incoming Governor?
The Reserve Bank of Australia has maintained the official cash rate at 4.1% for the third consecutive month on September the 5th. However, it has indicated that there is a possibility of future rate hikes in order to effectively manage inflation. The cash rate remains at its highest level in over a decade, and the latest decision marks the fourth instance in which the RBA has halted its ongoing tightening cycle of rate increases since it all began in May 2022...
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Posted: Sep 11 2023, 04:00
Author Name: babypips
Views: 110518