The Reserve Bank Board today lifted the cash rate by a further 50 basis points. The Bank has increased its inflation forecasts and lowered its growth forecasts. A significant theme is around the current momentum in the economy. That clearly points to another 50 basis points in September after which the Board can slow the […]
The post RBA Board Raises Cash Rate by 50 Basis Points – Expect Another 50 in September appeared first on Action Forex.
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