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RBA Deputy Governor: Ongoing Internal Discussion on Whether Monetary Policy Insufficient to Tame Inflation
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There is heating discussion within the central bank of Australia on whether the current cash rate of 3.6% is sufficient to tame inflation, said Andrew Hauser, Deputy Governor of the Reserve Bank of Australia (RBA). This issue is crucial for the policy outlook, as the current slightly tight monetary policy is based on the expectation that inflation will continue to slow. AASTOCKS Financial News Website: www.aastocks.com |
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