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Reserve Bank of Australia Governor: Market expectations for interest rate cuts are too premature

2024-08-06 14:05:07
Collection

ChainCatcher news, Reserve Bank of Australia Chairman Bullock stated that the market's expectations for interest rate cuts are premature, and recent rate cuts are inconsistent with the committee's thinking. The committee is indeed considering raising interest rates. They are prepared to raise rates if necessary. If the CPI does not meet expectations, there will be a rate hike.

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