- RBA to hike rates by another 50 bps in July to make up for lost time – Reuters poll
Market news
1 July 2022
RBA to hike rates by another 50 bps in July to make up for lost time – Reuters poll
Australia's central bank will deliver another half percentage-point interest rate hike on Tuesday as it fights to tame surging inflation, marking the first time it has ever raised the cash rate by that magnitude at consecutive meetings, a Reuters poll found.
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