The Reserve Bank of Australia (RBA) is facing pressure as annual trimmed mean inflation remains above its central bank target range, leading to rate hikes that increase mortgage payments and the cost of living.
1 report, 1 independent
Updated Aug 1
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What happened
The Reserve Bank of Australia (RBA) is facing pressure as annual trimmed mean inflation remains above its central bank target range, leading to rate hikes that increase mortgage payments and the cost of living.
How it developed
Newest first. Tap a step to see who reported it.- An economist warns of the inflationary impacts of current policy proposals concerning the Reserve Bank of Australia (RBA).Sub-event
RBA rate hikes are underway as inflation stays above target, impacting household finances.1 source