RBA minutes: Prepared to be patient on interest rate

<p>In the minutes of February 1 meeting, RBA reiterated that it “will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target band.” It’s “too early to conclude that it was sustainably within the target band”. There were uncertainties about “how persistent the pick-up in inflation would be as supply-side […]</p>
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