RBA sits on cash rate given fresh uncertainty

Mar 1, 2022 | Latest News, Money Market

1.3.22 The Reserve Bank of Australia decided to maintain the cash target rate at 0.1%. CBA Group economists expect strong March quarter data on inflation and wages to be the catalysts for a June 2022 interest rate hike. Governor Philip Lowe commented, “The global economy is continuing to recover from the pandemic. “However, the war […]

 


 

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