Article 65V1M RBA signals it may pause further interest rate rises

RBA signals it may pause further interest rate rises

by
Peter Hannam
from World news | The Guardian on (#65V1M)

Minutes of November Reserve Bank of Australia meeting say board is prepared to keep rates unchanged' while it assesses state of economy and inflation

The Reserve Bank has stoked expectations it is prepared to pause in lifting its key interest rate, while also flagging it will curb the telegraphing of future moves.

The RBA on Tuesday released the minutes of its 1 November board meeting, notably omitting the words further increases are likely to be required over the period ahead", which appeared in its October minutes and for earlier meetings.

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