RBA Minutes: Board Chose Patience, Not a Policy Pivot

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Minutes of the Reserve Bank of Australia’s June meeting showed policymakers opted to leave the cash rate unchanged not because the inflation battle has been won, but because they wanted more time to assess how previous tightening and recent oil supply disruptions are feeding through the economy. The Board unanimously kept the cash rate at […]The post RBA Minutes: Board Chose Patience, Not a Policy Pivot appeared first on ActionForex.