Persistent inflation testing tolerance of Reserve Bank board
The Reserve Bank board has cited low tolerance for inflation staying higher for longer. The minutes from the RBA board’s most recent meeting signalled rates risk being hiked if inflation doesn’t return to the 2 to 3 percent target by late 2025.
Persistent inflation testing tolerance of Reserve Bank board
The Reserve Bank board has cited low tolerance for inflation staying higher for longer. The minutes from the RBA board’s most recent meeting signalled rates risk being hiked if inflation doesn’t return to the 2 to 3 percent target by late 2025.