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RBA Prepares Ground for a Pause in Rate Hikes in April

Por: MarketWatch Business March 21, 2023

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The minutes also showed the RBA board acknowledged that monetary policy was now restrictive and that the economic outlook was uncertain. The considerations meant it would be appropriate at some point to hold the cash rate steady to assess more fully the effect of interest rate increases to date, it added. The minutes are consistent with recent comments by RBA Governor Philip Lowe that he has a completely open mind about the outcomes of coming... + full article



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