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Tag: hikes up its sleeve

“RBA’s Surprising Hike Spree Continues – How Many More on the Horizon? – TDS”

forex

Analysts at TD Securities note that the Reserve Bank of Australia (RBA) surprised the market by raising its policy rate by 25 basis points to 3.85%. The decision to raise rates came soon after the Q1 CPI release revealed inflation fell more than the RBA expected. “We expected the Bank to remain on hold at […]

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