Economics & Growth | Monetary Policy & Inflation | Rates
RBA Review: Value in Fading Additional RBA Hawkishness Over Summer
- By Ben Ford
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- 4 min read
Summary
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- The Reserve Bank of Australia (RBA) hiked the policy rate by 25bp to 4.1% at the June 2023 meeting.
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- Inflation outturns suggest the RBA’s inflation forecast remains at risk. The RBA are concerned about services inflation persistence.
Summary
-
- The Reserve Bank of Australia (RBA) hiked the policy rate by 25bp to 4.1% at the June 2023 meeting.
-
- Inflation outturns suggest the RBA’s inflation forecast remains at risk. The RBA are concerned about services inflation persistence.
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