Dovish RBA concerned about mortgage holders
The Reserve Bank of Australia believes interest rate hikes are still affecting the economy and inflation will return to its target range in 2025.
The RBA’s latest minutes were published today.
Australia’s central bank indicated a “narrow path” back to its inflation target is still possible without any further increases in official interest rates, with the full impact of rate hikes still flowing through to the economy.
The comments were made in the minutes of the August 1 meeting of
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