Minutes of RBA’s September 28–29 meeting revealed a strong case for raising interest rates, with policymakers giving substantially greater attention to arguments for tightening than those for leaving rates unchanged. Members cited three reasons for increasing the cash rate by 25bps to 4.60%: upside inflation risks were materializing, responding promptly could prevent more persistent price […]The post RBA Minutes Reveal Strong Case for September Hike, With Holding Considered Only Briefly appeared first on ActionForex.