With inflation proving sticky, the Reserve Bank of Australia doesn’t have the option of simply holding interest rates higher for longer, with further increases now looking likely, a leading forecaster says.
Article Attribution | Read More at Article Source
[mwai_chat context=”Let’s have a discussion about this article:nnWith inflation proving sticky, the Reserve Bank of Australia doesn’t have the option of simply holding interest rates higher for longer, with further increases now looking likely, a leading forecaster says.nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]