The Reserve Bank of Australia’s upcoming meeting has put another interest-rate hike in focus as InflationInflation refers to a sustained rise in the general price level that reduces the purchasing power of money. The term belongs in Level 7 because it helps connect macro conditions...Read More risks increase. Markets are watching economic data and price pressures for clues about the Central BankCentral Bank refers to the public monetary authority responsible for managing a currency system and implementing monetary policy. The term belongs in Level 7 because it helps co...Read More’s next policy move.
The Reserve Bank of Australia's Monetary PolicyMonetary Policy refers to the set of central-bank actions used to influence money, credit, interest rates, and financial conditions. The term belongs in Level 7 because it helps...Read More Board is meeting on September 28-29, with its policy decision due September 29 at 2:30 p.m. AEST. Governor Michele Bullock said last week that inflation risks may be materialising amid high energy prices and persistent domestic demand, while Reuters reported financial markets heavily pricing another rate increase. No September decision has yet been announced. This story is therefore a pre-decision macro setup, not a report that the RBA has already changed rates.
