RBA’s September meeting minutes confirmed a steady hand on policy, with members concluding there was “no need for an immediate reduction” in the cash rate. The Board agreed that the economic data and forecasts since August supported maintaining the current level of restrictiveness, while emphasizing that decisions will remain “cautious and data dependent.” Discussions focused […]
The post RBA minutes signal caution as board flags risk of hotter Q3 inflation appeared first on Action Forex.