BT Economics Special - RBA Board Meeting - Readying for a possible pause?

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 The Reserve Bank (RBA) Board delivered another 25-basis-point hike today, taking the cash rate to 3.60% – the highest level since May 2012.

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Growth in wages over the December quarter were weaker than even the most pessimistic market forecast. Wages grew by 0.8% over the quarter. This was a clear deceleration from the September quarter and marginally lower than the June outcome. So, What does all this mean for the Reserve Bank?
Article
Growth in wages over the December quarter were weaker than even the most pessimistic market forecast. Wages grew by 0.8% over the quarter. This was a clear deceleration from the September quarter and marginally lower than the June outcome. So, What does all this mean for the Reserve Bank?
Article

 


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