RBA SoMP: 2022 GDP forecasts downgraded to 4.5%, CPI raised to 6%

In the Statement on Monetary Policy, RBA reiterated that a further lift in interest rates is required over the period ahead. Also, the Board will continue to closely monitor the incoming information and evolving balance of risks as it assesses the timing and extent of future interest rate increases In the new economic projections: 2022 […]

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