The RBA left the cash rate on hold at 4.35%, but their rhetoric suggests the Board is more alert to upside inflation risks. Indeed, the RBA Board appears less certain that inflation is moderating as they’d like and there’s lingering concerns about persistent price pressures. The Reserve Bank left the cash rate unchanged at 4.35% […]

The post RBA More Alert and Less Certain in its Inflation Fight appeared first on Action Forex.

Read More