“Next move is up” reappears in RBA minutes

17 July 2018

 

The RBA held the official cash rate steady at its board meeting in July, as it had for every meeting since the cash rate was reduced in August 2016. So far, the RBA has not shown any indication it is about to take the same path at the US Fed, although it has indicated the next rate change is likely to be an increase.  Prior to the release of the...

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