Central Banking

Comment: Unravelling the RBA hike

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The Reserve Bank of Australia has joined the world's leading central banks in tightening mode. Last week's rate rise was largely unexpected and opinion is split over how far the central bank will go in hiking rates this year.

COMMENT BY CENTRALBANKNEWS

Last week's hike 25 basis point increase took Australian interest rates to a five-year high of 5.75%. It was the first rate hike in 18 months. Inflation has been remarkably stable over the last two years, and economists have for some time believed

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