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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
2 mins to read

RBA has pondered rate rises to curb stubborn inflation

Minutes from the last RBA board meeting show the bank is not convinced it has inflation under control.

The message from RBA Governor Michele Bullock is that rate rises are still possible.

The Reserve Bank of Australia has discussed the risks in its economic forecasts being “overly optimistic” and believes that if key forecasts are missed then it “could be appropriate” to raise interest rates.

The RBA today released the minutes of its last board meeting, held earlier this

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Lachlan Colquhoun Tue, 21 May 2024
Contact the Writer: lachlan@nbr.co.nz
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RBA has pondered rate rises to curb stubborn inflation
Australia,
104154
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