RBA

Asia markets mostly rise after gains on Wall Street; traders react to hawkish RBA minutes

Asia-Pacific Images Studio Asia-Pacific equity markets were mostly higher on Tuesday after the major market averages finished the first trading day of H2 higher; minutes of the RBA’s June policy meeting revealed that if “inflation expectations” change, it is ready to raise rates. Japan (NKY:IND) +1.12%. The Japanese yen depreciatedContinue Reading

RBA minutes show if “inflation expectations” change, it is ready to raise rates

In: Finance

SCM Jeans Minutes of the Reserve Bank of Australia’s June policy meeting minutes revealed that policymakers stressed the need to remain vigilant about upside risks to inflation, adding that a material rise in prices could require significantly higher rates. The board is ready to raise rates if “inflation expectations” change.Continue Reading

Asia markets mostly rise after gains on Wall Street; traders react to hawkish RBA minutes

RBA minutes show if “inflation expectations” change, it is ready to raise rates

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