• 09/23/2024

Reserve Bank of Australia Warns of Low Tolerance for Stubborn Inflation

Wall Street Journal

Minutes of the October board meeting showed RBA board members mulled raising the cash rate by 25 basis points amid worries that persistently high gasoline prices could slow progress in lowering inflation.

https://www.wsj.com/articles/reserve-bank-of-australia-warns-of-low-tolerance-for-stubborn-inflation-62989aca