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Rate rise on August agenda as Bullock issues wage warning
Despite signs that past rate hikes are working, RBA governor Michele Bullock has made clear a further increase is likely to be considered next month.
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smh.com.au
The RBA faces a dilemma, but more rate hikes aren’t the solution
Markets think another rate rise this year is close to a sure thing. But given the economy’s already slowing, the RBA should sit on its hands for a while.
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afr.com
Bullock sounds alarm on Australia’s living standards slump
The Reserve Bank governor says she is prepared to raise interest rates again as weak productivity leaves the economy more vulnerable to inflation shocks.
