Reserve Bank to spell out why it delivered rates pain
RBA raised rates to 3.85% due to inflation at 3.8%, citing stronger demand and tighter labour market, with potential for further hikes, officials said.
6 Articles
6 Articles
RBA Raises Cash Rate Amid Inflation Concerns
The Reserve Bank of Australia (RBA) has raised the cash rate by a quarter of one percentage point this month, citing concerns that inflation is likely to persist. Minutes from February’s meeting reveal that a significant portion of inflation reflects underlying pressures that necessitate a policy response. The board also noted higher-than-expected capacity pressures. The RBA’s decision was influenced by observations that financial conditions had…
(RBA) Minutes of the Monetary Policy Meeting of the Reserve Bank Board - ActionForex
Members commenced their discussion of financial conditions by considering ongoing uncertainty in the global environment. Members noted that a range of new geopolitical and institutional risks had emerged since the previous meeting, including military action, tariff developments and new threats to the independence of the US Federal Reserve. For the most part, these had prompted only modest and short-lived reactions in financial markets. That said…
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium





