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RBA to keep key rate at 12-year high as inflation stirs anew

RBA to keep key rate at 12-year high as inflation stirs anew
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RBA to Keep Key Rate at 12-Year High as Inflation Stirs Anew

(Bloomberg) Australia’s central bank will likely keep its key interest rate at a 12-year high and stick with it for much of the year to restrain inflationary pressures underpinned by a surprisingly tight job market. Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallFrance’s Macron Calls for Reset of Economic Ties With ChinaLamborghini Br

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RBA to Keep Key Rate at 12-Year High as Inflation Stirs Anew

RBA to Keep Key Rate at 12-Year High as Inflation Stirs Anew
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RBA to Keep Key Rate at 12-Year High as Inflation Stirs Anew

RBA to Keep Key Rate at 12-Year High as Inflation Stirs Anew
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RBA Interest rates: Reserve Bank of Australia rate cut delayed to December

Equities have shrugged off dialled back rate cut expectations, with the US not expected to pull the trigger until September and the RBA priced for December if at all this year.

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