RBA foreshadows more rate rises but few clues on timing

Two things stand out in the Reserve Bank of Australia’s (RBA) announcement of a rise in interest rates.
First, there are more to come.
And second, their timing is anyone’s guess.
Tuesday’s increase brought the cash rate to 4.0 per cent from 3.75 per cent.
It was given only a two-in-three chance by the futures market ahead of the [...]

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