Reply To: RBA Accelerates Rate Cycle as it Raises Rates by 50bps to 0.85%

15 Jun '22 at 6:12 am #38696

Keymaster

Reserve Bank of Australia Governor Lowe said higher interest rates are needed in order to bring down inflation, which could be 7.0% by Christmas.

Goldman Sachs expects #RBA to raise its cash rate by 50 bps in August and September.

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