Reserve Bank of Australia President: Market expectations for rate cuts are too advanced
2024-08-06 05:45:26
Australia Federal Reserve President Block said that the market interest rate cuts expectations too ahead of scheduledesk3cryptocurrencydesktopCrypto News
Reserve Bank of Australia President Block said that the market expected a rate cut too early, and the recent rate cut is inconsistent with the committee's thinking. The committee did consider raising interest rates. It is prepared to raise interest rates if necessary. If the CPI does not match expectations, it will raise interest rates.
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