RBA Warns Of Stringent Measures To Tackle Persistent Inflation

RBA Warns Of Stringent Measures To Tackle Persistent Inflation

The Reserve Bank of Australia (RBA) may push for more stringent measures, including raising interest rates, due to the slow decline in the inflation rate. According to the Minutes of RBA’s Monetary Policy Meeting released on Tuesday, despite a slight decline in the underlying inflation rate, it remained persistently high outside the target range of … Read more