Citi economist predicts that the Reserve Bank of Australia will raise interest rates.
1 report, 1 independent
Updated Jun 17
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What happened
Citi economist predicts that the Reserve Bank of Australia will raise interest rates.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The Reserve Bank of Australia is the central bank of Australia and manages monetary policy for the nation.Also in this story
- Melinda Cilento was appointed to the monetary policy board of the Reserve Bank of Australia, where she also serves as CEO of the think tank.
- The RBA board has indicated that it is maintaining a clear bias toward central bank tightening regarding monetary policy.
The entities involved
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Reserve Bank of Australia
central bank of Australia
Related events
- Netwealth, an Australian investment platform, raised its interest rates but subsequently signaled a pause.
- The Reserve Bank of New Zealand and Reserve Bank of Australia are considering interest rate hikes to counter energy shocks and rising consumer prices.
- RBA rate hikes have little impact on New Zealand rates, while Kiwibank and Westpac offer fixed mortgage rates.
- Lower government spending is reported to be reducing inflation.
- The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.