RBA Minutes: Waits for More Evidence, but Pre-Emptive Hike Stays on Table

Minutes of RBA’s Aug. 10–11 meeting confirmed that August hold at 4.35% was a genuine choice between tightening immediately and waiting for more evidence. Board acknowledged inflation had eased and labour-market tightness had moderated, but stressed that “inflation was still too high” and economy “continued to operate with excess demand.” Members explicitly considered a 25bp […]

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