Minutes of RBA’s September 6 meeting revealed that there were discussions on whether to hike by 25bps or 50bps. But, “given the importance of returning inflation to target, the potential damage to the economy from persistent high inflation and the still relatively low level of the cash rate, the Board decided to increase the cash […]
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Goldman Sachs just made it official: The pain at the pump is not going away anytime soon. The bank now expects Brent crude to average above $100 a barrel in March and $85 in April, Read more…