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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
3 mins to read

RBA signals narrow path for soft landing after further 25bp hike

Reserve Bank of Australia raises cash rate target to 3.6% and points to slowing economy and inflation peak.

RBA governor Philip Lowe.

The Reserve Bank of Australia has given its cash rate target another nudge – as widely expected – and remained in a hawkish mood for further rate hikes.

Governor Philip Lowe announced this afternoon the RBA had increased its cash rate by 25 basis points – for the fifth consecutive time – to

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Jonathan Mitchell Tue, 07 Mar 2023
Contact the Writer: jmitchell@nbr.co.nz
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RBA signals narrow path for soft landing after further 25bp hike
Economics,
98053
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