RBA is still holding the door open – Commerzbank RBA CentralBanks AUDUSD Banks
“The Reserve Bank of Australia today raised its key interest rate by 25 bp to 3.1%, as widely expected. It also signaled that further tightening of monetary policy is likely to be forthcoming. Expectations that the RBA would signal a pause were thus not met. In this respect, the decision was somewhat more hawkish than expected.”
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