RBA recap - On hold, neutral bias, full optionality over the future path of the cash rate ...Middle East

As was widely expected, the Reserve Bank of Australia left the cash rate unchanged yesterday:RBA leaves cash rate unchanged at 4.35%, as expectedRBA's Bullock: We did not consider the case for a rate cut todayRBA's Bullock: We need a lot to go our way to bring inflation back to rangeI posted earlier from WPAC:RBA recap - more alert to upside inflation risks, less confident inflation is moderatingCommonwealth Bank of Australia have a slightly different take, but also see the potential for a further rate hike from the Bank::The Board maintained its neutral stance, as we and most analysts anticipated.The Board retains full optionality over the future path of the cash rate and has once again sta

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RBA recap - On hold, neutral bias, full optionality over the future path of the cash rate ...Middle East

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