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8.2
RBA raises cash rate 25bp to 4.60%, signals tightening bias
Reserve Bank of Australia — Media ReleasesHI·AU·about 13 hours ago
The Reserve Bank of Australia faces a more dangerous phase in its inflation fight as Middle East conflict adds uncertainty. The RBA may push harder against inflation, but this increases economic risk. The article suggests the central bank's path is now trickier, with potential for higher rates or economic damage.