RBA signals narrow path for soft landing after further 25bp hike
Reserve Bank of Australia raises cash rate target to 3.6% and points to slowing economy and inflation peak.
RBA governor Philip Lowe.
The Reserve Bank of Australia has given its cash rate target another nudge – as widely expected – and remained in a hawkish mood for further rate hikes.
Governor Philip Lowe announced this afternoon the RBA had increased its cash rate by 25 basis points – for the fifth consecutive time – to
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