Minutes of RBA October 4 meeting revealed that members “carefully considered two options” of 50bps and 25bps rate hike. The arguments for a 25bps hike “rested on the risks to global and domestic growth, and the potential for inflation to subside quickly”. Wages growth had “not reached levels that would be inconsistent with the inflation […]
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If you’ve watched oil prices race higher while filling up your car, you might have quietly hoped there was some grown‑up in Washington ready to lean against the chaos for you. Instead, you woke up Read more…