RBA signals pause after split rate hike decision

Summary

Australian central bank chief signals pause after split rate hike as the RBA keeps pressure on inflation and the economy. Read more at straitstimes.com.

Australia’s central bank governor Michele Bullock signalled a wait-and-see approach to further tightening after policymakers lifted the benchmark rate to an 18-year high, in a split vote that sent the currency lower. At a press conference on Nov 3 in... [5143 chars]