Reserve Bank to front policy change pressure
The battle between the RBA and markets over a timeline for cash rate hikes is expected to lift a gear at Tuesday’s monetary policy meeting.
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The battle between the RBA and markets over a timeline for cash rate hikes is expected to lift a gear at Tuesday’s monetary policy meeting.
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Inflation shocks and a bond market revolt provide the stage for the bank to start walking back its forward guidance the cash rate will stay nailed to the floor until 2024.
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