Monday, June 8, 2026

HomeBusiness NewsRate hike in 2024 still central case: RBA

Rate hike in 2024 still central case: RBA

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The Reserve Bank of Australia says an interest rate rise in 2023 is plausible, but only if inflation and wages growth exceed its current expectations.

In its quarterly statement on monetary policy, the RBA’s central scenario is that wages growth edges up…

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