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Tuesday, April 4, 2023

Fundamental: Australia Central Bank Joins Canada In Hitting "Pause" On Rate Hikes

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Alert Alert Apr 4, 2023, 10:36pm
 
Fundamental: Australia Central Bank Joins Canada In Hitting "Pause" On Rate Hikes
First it was the Bank of Canada which in January announced it would pause its rate hike campaign; then overnight the RBA became the second bank to join the bandwagon when it put its year-long hiking campaign on pause after leaving the cash rate unchanged at 3.6% at April's Board meeting, marking the first pause since the RBA starting raising rates in May ...
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