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RBA Remains Vigilant to Resurgence in Inflation

Por: MarketWatch Business May 16, 2023

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The RBA raised official interest rates for an 11th time at the policy meeting, surprising many in financial markets who had thought that evidence of a peak in inflation in late 2022 would allow more time for the central bank to pause to assess the impact of the increases announced over the past year. Members affirmed the board's determination to what is required to bring inflation back to target, while emphasizing that it is still seeking... + full article



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