RBA must return to inflation target to avoid disaster: Westpac
RBC Capital Markets CEO and chief economist Su-Lin Ong expects the Reserve Bank to implement another 50 basis point cash rate hike in July. He said yesterday’s cash rate hike was part of the RBA’s efforts to return inflation to its target. “It’s pretty clear from the Reserve Bank statement yesterday … it won’t waste …
RBA must return to inflation target to avoid disaster: Westpac Read More »