Australia’s Central Bank Revises Up Inflation Forecasts As Further Rate Hikes Flagged

Australia’s Central Bank Revises Up Inflation Forecasts As Further Rate Hikes Flagged

Feb 10, 2023

Australia’s central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases in interest rates, raising the risk the economy could slip into recession. In a hawkish-sounding quarterly Statement on Monetary Policy, the Reserve Bank

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