Business News

Why further RBA interest rate hikes are less likely now than even 1 week ago

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

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Since Australia’s Reserve Bank hiked interest rates two weeks ago, there have been two important developments – one in the United States and the other in the United Kingdom.

If it’s not clear to you why events overseas influence Australia’s interest rates, which are meant to be set to control Australian...

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